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Announcing the Ladybird Browser Initiative
(ladybird.org)
This is a most excellent place for technology news and articles.
You are assuming that they only started now from point 0. They have probably been working on it for a bit before announcing everything.
They say they already use it to manage GitHub issues so it's definitely more than "point 0" right now.
Exactly. They have been working on Ladybird Browser for few years already, before it was announced as standalone product (It was a part of SerenityOS).
And it passes the Acid3 test, which is more than Firefox does.