This is a big thing that GPUs have been doing for decades. I'm honestly surprised this has not been done until now. Scientific, and many other data processing

This is a big thing that GPUs have been doing for decades. I'm honestly surprised this has not been done until now. Scientific, and many other data processing workloads use compression because memory bandwidth is the slow part. Mostly once you have the data in memory, doing some extra instructions on it is almost free, considering how slow a memory load is in comparison these days. But if all you are doing is compressing the data, then I guess it's a definite win. It'll be interesting to see what sort of speedups this gives when you're also processing the data.