It feels like a typical "young & hyped" European business - fanfare in the beginning, capital from old money networks that want to stay relevant, then fizzling out slowly without showing anything worthwhile later.
Analog computers can perform matmul operations without data movement using physical properties such as conductance changes in a very small volume. If noise and random variation can be modelled successfully then in certain cases they are obviously going to be better (e.g. energy use in edge applications). The discussion is not specific enough to applications to be useful. AI data centres are not going to be using this stuff anytime soon for example. On the other hand, you do not want an NVIDIA GPU inserted into your body.
Interesting that Northern Ireland has the second highest economic growth after London. N.I. has no functioning government and can still trade with the EU via the protocol. With the exception of London, N.I. is an excellent A/B test for brexit,etc.