A year ago this would have been considered impossible. The hardware is moving faster than anyone's software assumptions.
This isn't a hardware feat, this is a software triumph. They didn't make special purpose hardware to run a model. They crafted a large model so that it could run on consumer hardware (a phone).
We haven't had phones running laptop-grade CPUs/GPUs for that long, and that is a very real hardware feat. Likewise, nobody would've said running a 400b LLM on a low-end laptop was feasible, and that is very much a software triumph.