I'm heavily sceptical. Problem is that PowerXCell architecture was nothing but, for that time, advanced SIMD. Yes it used some nice tricks for memory access and caching and instruction set extension was nice (basically equivalent to AVX2 on x86 that will appear 6 years later). However, there were no real MVM (matrix-vector multiplication) capabilities, no systolic architecture of MAC units, nothing that would really enable them to perform some decent ML throughput.
Plus it was a recession time (that Sam Palmisano started as CEO and was later finished by the first female CEO that basically ruined IBM) when semiconductor part of the company (IBM microelectronics) started noticeable downsizing (that will finally end up in 2015 by completely destroying it and selling it to GF). So political/strategic climate was bad.