OpenAI, backed by Microsoft Corp. (NASDAQ:MSFT) and known as the pioneer of AI innovation, now faces competition from up-and-coming players leveraging the potential of open-source models. Despite its early success with ChatGPT, OpenAI’s dominance is being challenged as newer AI companies gain momentum. One such contender, Abacus.AI, has recently emerged as a frontrunner on the prominent LLM leaderboard, Hugging Face. "Smaug-72B from Abacus.AI is available now on Hugging Face, is on top of the LL