It's true.
I made the move to Vivaldi and never looked back
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"Hanff said the push might be intended to help Google cut costs by moving AI work off its own servers and onto your computer.
"Running inference on users' own hardware allows them to push 'AI features' without the compute costs," Hanff told CNET."
https://www.cnet.com/tech/services-and-software/chrome-installing-4gb-ai-model-gemini-nano/