Sure, it isn't as "hot" to translate stuff as it used to be some hundreds of years ago, and building LLMs surely is "hot" today, I don't doubt more people are attempting to build LLMs today than translating huge datasets, especially if we narrow the two to exclusively "In Norwegian".

Having insights into both translations, transcriptions and attempting to build LLMs myself, I'm fairly sure which effort would be successful first, regardless of how many attempt it first.