MiMo-V2-Flash vs Qwen3-Max

Xiaomi

MiMo-V2-Flash, released by Xiaomi on December 16, 2025, is a Mixture-of-Experts large language model with 309 billion total parameters and 15 billion active parameters per inference, designed for high-speed reasoning and agentic workflows. It features a 256K token context window, processes up to 150 tokens per second, and was trained on 27 trillion tokens. MiMo-V2-Flash targets open-source deployments requiring fast, capable coding and reasoning with an efficient inference footprint, under an MIT license.

Alibaba / Qwen

Qwen3-Max, released by Alibaba in September 2025 as an API preview, is a large language model exceeding one trillion parameters built for complex reasoning and long-context tasks. It features a 262K token context window, hybrid thinking modes that allow switching between direct generation and extended chain-of-thought, and is available as a proprietary cloud API via Alibaba Cloud and Qwen Chat. Qwen3-Max targets demanding reasoning, multilingual analysis, and applications requiring frontier-level performance from the Qwen3 generation.