This. It can be faster per-node because of removed IO and abstraction overheads, but perhaps not overall (and they allude to that fact). There are other side effects too though - you're limited by how large hardware on a single node can go, and what the cost/performance ratio is with highly specialized hardware like the above or commodity machines.
People also might want distributed systems for other reasons - fault tolerance is one. So as your SLA requirements go higher, you sometimes end up with little choice but to pay that cost. Other times you don't.
They do cite challenges with scaling this up, but I think quite a bit of their innovation is around just leveraging hardware better, which is a big enough deal on its own.