Grok 4.7 Meets Xiaomi MiMo-V2.6 in a Same-Night Price War

In the early hours of September 22, xAI's delayed Grok 4.7 and Xiaomi's MiMo-V2.6 launched one after the other. Third-party evaluations showed similar capabilities, but MiMo-V2.6's output price is roughly 1/16 to 1/20 of Grok 4.7's, and multiple reviewers considered Grok 4.7 below expectations.

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Why it matters

Two models released the same day with near-equal capability but an order-of-magnitude price gap highlight open-source budget models directly challenging closed-source frontier models—"a new open-source leader at half the price" is the core narrative of this round.

2026-09-22 ~ 2026-09-23 · 5 related posts

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