That doesn't follow from anything. Research is part methodical slog, part lottery, maybe a pinch of intelligence. A few labs won the short term lottery here, and most researchers explored stuff that didn't get headlines. (And to be fair, OpenAI built a great product that catapulted lab research into popular view).
There might be some argument on other metrics - publications, students trained, lectures, recognition, whatever, that show this institute is lagging. But not being part or llms implies nothing about their success or failure.
LLMs are not the most important breakthrough in AI ever, in the same way the NFTs are not the most important breakthrough in digital commerce ever. It's just a load of hype to generate big funding rounds. At least there's no cartoon apes this time around.
The transformer architecture is arguably the most important breakthrough in NLP, and language is the predominant mode of communication between humans, so I fail to see how its "just a load of hype"
There might be some argument on other metrics - publications, students trained, lectures, recognition, whatever, that show this institute is lagging. But not being part or llms implies nothing about their success or failure.