I've been hearing about it for years but it's still vaporware AFAICT.
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Vaporware is a pretty harsh way to describe it. If everything went perfectly for the Mill team, they'd still not be shipping physical CPUs - it's an outrageously long and complex process. Giving them the benefit of the doubt for now doesn't seem unreasonable.
AFAIK they don't have also any FPGA prototype, nor any working backend compiler, so of course no OS working..
Their presentations are full of very nice ideas and I hope that they'll make it, but some are quite skeptical of their 'single address space' feature for example.
There's a long history of really good ideas on theory and in publications, that when it comes to actual implementation suddenly tear themselves apart due to all the practical compromises that always arise.