Don't miss the most important detail: low voltage. By running the Minions at a low voltage, you are reducing performance, but disproportionately increasing the efficiency (up to a point). It's an interesting trade-off of power, area, performance, and efficiency.
Add: it's clearly not indended to drive a GPU, but is presented as an accelerator. They have mentioned that it can also run standalone, thus, can be configured both a PCIe host and target.