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integer calculations are lossy because they're integers. There is nothing extra there. Those GPUs have plenty of uses.
I don't know too much about it, but from the people that do, these things are ultra specialized and essentially worthless for anything other than AI type work:
https://weird.autos/@rootwyrm/115361368946190474
AI isn't even the first or the twentieth use case for those operations.
All the "FP" quotes are about floating point precision, which matters more for training and finely detailed models, especially FP64. Integer based matrix math comes up plenty often in optimized cases, which are becoming more and more the norm, especially with China's research on shrinking models while retaining accuracy metrics.