Juliac and PackageCompiler

It seems that juliac is currently being developed to compile Julia code into binary, which does not impose the constraints in static compilation. I’m however curous about the relation between juliac and Package Compiler: are they in competition with each other? I read the source code of PackageCompiler.jl and it seems to be comparable to juliac.jl, and I’m curious about the future of both juliac and PackageCompiler.jl.

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