Ohh neat! A generalized version of this was the topic of my PhD dissertation:
https://kilthub.cmu.edu/articles/thesis/Modern_Gate_Array_De...
And they are likely doing something similar to put their LLMs in silicon. I would believe a 10x electricity boost along with it being much faster.
The idea is that you can create a sea of generalized standard cells and it makes for a gate array at the manufacturing layer. This was also done 20 or so years ago, it was called a "structured ASIC".
I'd be curious to see if they use the LUT design of traditional structured ASICs or figured what what I did: you can use standard cells to do the same thing and use regular tools/PDKs to make it.
I think their "4-bit multiplier with a single transistor" bit is hinting at them using transistors in the sun-threshold regime.