Nope. The PhysX software won't run on AMD GPUs or even on CPUs, just on nVidia GPUs. It's supposed to offload some of the CPU's workload onto a secondary GPU (or a PPU, if you have one of the really old Ageia cards)>. Like WillJackman said, it was probably installed by a game (i.e. Unreal Engine v3.0+, Unity, Vision Engine v. 6+, etc.) just in case you have an nVidia GPU, but it won't actually do anything if the right GPU isn't there.