IIRC we've had raytracers since the 60's since they're basically trigonometry and vector math, but due to limited memory computers at the time had it was never really used.
http://1.bp.blogspot.com/_fmfAOCgGNJU/SQuCxkXJiRI/AAAAAAAAGE...
Do you remember what kind of speed ups that thing gave you? I wonder if you could play to backport some modern AI algorithms to it and run them at reasonable speeds -- however being a 286 I imagine it'd be quite a challenge.
[0] https://books.google.com/books?id=RD0EAAAAMBAJ&pg=PA89&lpg=P...