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You do need great hardware, but it depends on your use case. If you want the full 671 billion parameter R1, you need to run it on specialized hardware that has enough RAM.
If you want to run R1 on a phone, you could get the 1.5B parameter R1 running as well. But the quality of results and the speed of response diminish significantly depending on the model and the hardware you use.
In Iceland they run their Bitcoin Mining facilities fully on geothermal energy. I wouldn’t be surprised to find the EU exploring there options regarding new data centers built on renewable energy for quite some time. For now it is a lot faster to train the models within existing data centers that already have the hardware while everyone is actively competing.
Meanwhile governments and corporations are trying to pull money out their ass (cutting important programs) to move mountains and create AGI, of which we have no evidence this is the way to accomplish that.
It is far more sinister. They are trying to delegitimize them and then replace them with private corporations that they control. It is a long term plan.
Two of the key ultra conservative goals of P25 are to consolidate power of the executive branch and benefit corporate interests by rolling back regulatory oversight. They are doing a great job of their goal.