So I take offense to the term FHE. It's a oxymoron.
The whole thing immidiatly stands out as a sham to build trust where it's gone.
I want to read a whitepaper but all I can find is the tl;dw conference presentation
FHE is traditionally horrifically slow, so it's hard to imagine running anything beyond toy models with it. They list some applications on the original article page, but (presumably) they must be dramatically stripped down in order to run within any reasonable time budget. This is not going to run anything like a Sol/Opus any time soon.
[1]: https://heir.dev/
The basic idea of of the project is to remove the need for trust.
I'd expect this to be something like the Google Ad ID: technically separated from what Google considers personal information, but trivially easy to tie back to an individual person and to other information about that person.
They're continually breaking trust by illegally scraping up the internet to feed to their plagiarism machine, which they are now asking us to trust with more data. It's not a compelling arguement.