I'm confused why they are working on their own frontier models if they are going to be bought by OpenAI anyway. I guess this is something they were working on before the announcement?
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Most likely they built this as a post-train of an open model that is already strong on coding like Qwen 2.5.
It is very puzzling why "wrapper" companies don't (and religiously say they won't ever) do something on this front. The only barrier is talents.
That being said I am sure a lot of the so called wrapper companies are paying insanely well too, but competing with FAANGMULA might be trickier for them.