Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing (Yuan Gao/Bloomberg)

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— The number of people with full-time equivalent jobs as digital creators in the U.S. jumped from 200,000 in 2020 to 1.5 million in 2024, according to a new report.

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Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing (Yuan Gao/Bloomberg)

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