Not typically. The GeoMean is skewed by the relatively large number of OpenVINO tests. That's a deep learning framework written by Intel and obviously quite optimized for its own hardware.
The median speedup for AVX-512, in those tests, is probably closer to 30%. That doesn't make for such an attention-grabbing headline, of course. And don't forget that the test suite was specifically tailored to include things which traditionally benefit from AVX-512. Across all computing workloads, the typical speedup would be in the (probably lower) single digits.
Only in OpenVINO, and only for 2 of the test cases. Those tests were clearly designed to showcase specific AVX-512 (VNNI) instructions. If you didn't have those instructions, you wouldn't use that type of model, because other layer types perform better without VNNI.
And not at all volume, cost, or time-to-market? Microsoft has their own AI accelerators, which could be another reason why they weren't interested in the GPU portion of MI300X.