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Xiaomi launched MiMo-V2.6 Pro under an open MIT license, matching xAI's Grok 4.7 on independent capability benchmarks. The model features downloadable parameters for local execution on high end GPUs and provides standard API output rates at roughly one seventh the cost of Grok. Benchmark scores also indicate strong performance on computer interaction and software engineering tasks.

Anthropic is continuing its preparations for an initial public offering aiming for a high valuation, supported by rapid revenue growth. The firm pushed its target launch timeframe to late autumn to evaluate corporate performance following recent competitor releases. Executive leadership is also weighing whether to roll out an updated flagship model prior to going public.