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I doubt this is true. Most of these rumoured budgets are normally greatly exaggerated, and based on the absolute upper end of games. For example Concord had a development budget of $50m from ProbablyMonsters investment material. No one can say how much it ran over budget, but the idea it cost $200m with a dev team that peaked at around 150 people is pretty ludicrous.

There’s lots of games with reasonable budgets when Developers are actually being held in check:

Ghost of Yotei - $60M

Alan Wake 2 - €50m

Saros - €50m

Control -  €30m

Control: Resonant - €50m

Horizon: Zero Dawn - €45m

Returnal - significantly less than Saros