It is great to see another player introduce a fully open stack. Nvidia's Nemotron is the only other prominent one I know of.
All that said, the headline claims do not match the self-reported performance. For example, the dense 32B model is significantly behind Qwen3.8 27B (chart towards the bottom of https://ifm.ai/blog/k2). Gemma4 31B is not in the comparison set. This is the most important sweet spot for self hosted open-weight models today and real competition here will be very welcome.