Luo Fuli unveils new model, yet stock price falls for three consecutive days? What has capital se...
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老程序员,互联网老兵。 喜欢听故事,然后选择自觉合适的时机,地点,再将这些故事讲给合适的人,并以此为生。 讲一讲实时热点背后的互联网商业逻辑,有时也会偷偷爆料一些行业内幕。 Twitter:https://twitter.com/lukfan Blog:http://lukefan.com Instagram:http://www.instagram.com/lukefan/ Discord:https://discord.gg/ppKsNkttTv Mastodon:https://m.cmx.im/@lukefan
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付费频道订阅:https://www.youtube.com/channel/UCUGLhcs3-3y_yhZZsgRzrzw/join 文字版地址:https://lukefan.com/2025/12/19/xiaomi-ai-strategy-market-doubt/ 🤯小米放大招了!罗福莉带着3090亿参数的MiMo-V2 Flash杀疯了! 每次只激活150亿参数,跑分猛如虎,价格还比Deepseek便宜一半!💸 但…我亲自试了试,怎么感觉有点“人工智障”?写稿还得靠GPT救场😂 更魔幻的是——发布会开完,小米股价居然跌了!📉 资本市场用脚投票:搞AI烧钱如流水,这哪是“性价比之王”该干的事? 雷总啊雷总,您这是要转型技术狂魔了吗?🤔 不过话说回来…Agent和编程能力据说暴打Claude 4.5?! 开源全家桶+人车家生态,这盘棋下得够大! (但海外用户:我用Gemini不香吗?🌚) 所以问题来了:你看好小米的AI豪赌吗? 👇评论区蹲一波预言家! 标题1:罗福莉携新模型亮相股价却连跌三天?资本看透了什么:当“堆料之王”试图讲好技术故事,市场为何依旧投出反对票?|小米AI战略、人车家全生态、高端市场挑战、研发投入 标题2:没十万张显卡也敢搞大模型?揭秘雷军“省钱办大事”背后的算力尴尬与转型焦虑,单纯靠挖人真能补齐基建短板吗?|雷军、自研芯片、端侧AI、技术护城河 标题3:深度求索大神加盟却造出“偏科”模型?不拼智商拼执行,这才是小米不想让你知道的真实意图:一切为了卖设备变现。|人车家全生态、AI手机、智能驾驶、大模型应用 标题4:逆势下跌3%的警示:当AI泡沫遇上极致性价比,小米的万卡集群梦想到底是真金白银的投入,还是虚晃一枪的营销?|小米AI战略、性价比、研发投入、商业模式 标题5:别被参数骗了,309B模型竟是云端特供?从手机厂到科技巨头的这一跃,雷军手里除了现金流,还剩多少技术底牌?|小米AI战略、端侧AI、跨界扩张、高端市场挑战 简介:罗福莉发布MiMo-V2 Flash新模型,小米股价却应声下跌,资本市场为何对**小米AI战略**投出不信任票?本文深度拆解**雷军**挖角背后的算力焦虑与转型困境。在缺乏万卡集群的现实下,持续拉升的**研发投入**能否通过**端侧AI**布局,真正撑起**人车家全生态**的商业闭环? 00:00:00 罗福莉发布新模型与小米股价下跌 00:00:38 MiMo-V2 Flash架构与激进后训练 00:01:25 云端模型定位与极具竞争力的价格 00:01:53 实际体验:不够聪明但擅长编程 00:02:48 发布会前后小米股价的异常表现 00:03:52 资本市场遇冷:AI泡沫与认知偏差 00:04:39 算力短板:小米显卡储备的现实 00:05:47 薄利多销人设与大模型投入的矛盾 00:06:32 雷式营销法:强调原料细节而非体验 00:07:42 现金流充足但研发投入相对节俭 00:08:14 罗福莉加入小米的背景与论文线索 00:09:23 芯片与系统:小米过往的堆料历史 00:10:46 战略转型信号:拉高研发与高调挖人 00:11:41 特斯拉工程师入职与机器人团队组建 00:12:20 雷军的核心技能:顶级挖人能力解析 00:13:50 小米汽车团队组建与吉利系人才引进 00:14:58 MiMo家族全景:端侧模型与多模态 00:16:19 云端Agent基座与人车家生态控制 00:17:48 硬件公司的开源逻辑与开发者生态 00:18:07 总结:偏科的模型与艰难的转型之路 小米公司在罗福莉发布其AI大模型MiMo-V2 Flash后,股价应声下跌,反映出资本市场对其AI战略的普遍质疑。 MiMo-V2 Flash是一款由Deepseek V2主创罗福莉于12月17日发布的云端MoE模型,拥有3090亿参数,每次任务激活150亿。它采用先进后训练,已开源,API定价极低,提供256K上下文并跑分能力强。尽管作者实测通用智能平平,但MiMo-V2 Flash在AI Agent和编码方面表现卓越,甚至超越Claude 4.5 Sonnet。 资本市场不看好小米的根源在于:其GPU投入保守(6500张A100,远低于行业主流);缺乏大型云计算积累;大模型烧钱模式与小米“薄利多销”人设冲突;过往创新(如玄界O1、澎湃OS)多为硬件堆料或迭代。 然而,小米正尝试转型,加大研发投入并高调招募罗福莉、卢泽宇等顶尖人才。其AI策略是将MiMo-V2 Flash作为云端Agent基座,配合开源端侧模型(MiMo-7B、VL、Audio、Embody)构建“人车家全生态”设备控制体系。尽管雷军擅长挖角,但小米能否成功适应大模型的高投入模式,摆脱固有形象,仍充满不确定性,这也是资本市场持观望态度的主要原因。 欢迎加入Discord讨论服务器: https://discord.gg/ppKsNkttTv
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