> Are there alternative tools that focus on rewriting code to maximise performance while keeping error below some configurable bound?
There are! See followup work by @pavpanchekha and others on "Pherbie", which finds a set of Pareto-optimal rewritings of a program so that it's possible to trade-off error and performance: https://ztatlock.net/pubs/2021-arith-pherbie/paper.pdf.