Intel has already confirmed that GVT-g is essentially dead and not supported on their Iris/Xe or anything newer graphics.. We can also confirm this via their own drivers source..
https://github.com/intel/gvt-linux/blob/gvt-staging/drivers/...
https://github.com/intel/gvt-linux/blob/gvt-staging/drivers/...
Checkout their commit for that over here:
https://github.com/intel/linux-intel-lts/commit/41ef979f0894...
The full list of supported GPUs is available over on our wiki: