Yes, Chromium, from which Chrome places proprietary parts on top of, is an open source project, so anyone can fork it and remove telemetry and tracking. Most browsers are in fact forks of Chromium - e.g. Edge (which replaces Google’s trackers with Microsoft’s own), Opera (which puts in trackers going back to a Chinese corporation), Vivaldi (which doesn’t seem to do tracking but has proprietary parts so is not verifiable) - or, on the privacy respecting side Brave (which is all open source and doesn’t track you once you click opting out on its reporting back to Brave and crypto rewards stuff), Ungoogled Chromium (which tends not to be updated all that quickly) and a few others.