A video coder determines a plurality of available Matrix Intra Prediction (MIP) parameter sets (MPS's) for a picture of video data. The plurality of available MPS's is a union of (i) a subset of all default MPS's and (ii) a set of additional MPS's that are signaled in the bitstream. Each of the default MPS's is associated with a predefined MIP mode in a codec. Each of the set of additional MPS's is associated with a new MIP mode in a set of new MIP modes. The video decoder uses a MIP mode associated with an MPS in the plurality of available MPS's to generate a prediction block for a current block of the picture.