SVMs are solved via convex optimization methods which have taken more time to get on the GPU train.

On the other hand there are GPU accelerated SVM training such as: https://github.com/Xtra-Computing/thundersvm

A github or Google search will reveal other GPU accelerated SVM training.

Well, and though the author shows an approximate equivalence, which helps us understand a class of models better, it's not obvious that it's preferable to use SVMs of the type described. In particular, it seems like often it would be preferable to deal with model weights (even if they are mathematically a "superposition" of datapoints) than to ship around and revisit the whole dataset.