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It does.

The Google Tango uses the Myriad V1. The new tango to be released in may comes with this new V2 chip.

This is not at all the case. Deep learning can do some great things, but its not magic.

You don't necessarily need it, Qualcomm have already demonstrated (live) image classification on tablets and it runs on a Snapdragon CPU:

Someday they will be I'm sure. Probably part of the SoC.

But not yet, software is not ready for it yet.

Seems like the perfect opportunity to insert a plug for my project: http://liblikely.org/