Depends on what models we're talking about. I've heard reproducing ChatGPT would require on the order of ten million dollars' of compute.
It mostly suggests that we're in another AI hype bubble. MS and other big tech companies can easily replicate OpenAI results and do same type of research.
I'm just disappointed the compute cost alone seems difficult to surmount for open source/community projects.
'compute' costs are tricky to convert to dollar values - everyone does it at 'what would it cost to rent this from AWS', but the reality is, people like AWS are prepared to give low priority access to unsold compute for almost any project.