No, but businesses do. Being able to run quality LLMs without your business, or business's private information, being held at the mercy of another corp has a lot of value.
But can be, and is, done. I work for a bootstrapped startup that hosts a DeepSeek v3 retrain on our own GPUs. We are highly profitable. We're certainly not the only ones in the space, as I'm personally aware of several other startups hosting their own GLM or DeepSeek models.