A tiny tiny step in the right direction for sure. But, tiny and overblown. A university grade project under Google sponsorship it seems.
No one is going to create their own instruction set these days so lets get that nonsense off the table, either it is licensed or open sourced instruction sets based off ie x86, ARM and MIPS/RISC-V or its a dead end. You have to tie your product into an existing ecosystem for it to be successful otherwise you are at a dead end.
You would have thought, as part of the Azm programme, that they would need custom SOC's for it ?
Pakistan is so far behind in electronics engineering design and development it is not funny. A few UK universitites exceed the entire intellectual output of Pakistan's "electronics engineering design and development " capabiliites.
.... dont get me started on this topic.