A graphics GPU is nothing more than a scalar floating point unit. A very dedicated and complex unit which offers substantial performance gains over the all-purpose FPU in the CPU.
GPU's also perform transformations for all 3D graphics as it is. This is the math to move an object around in 3D space.
I really detest the marketing hype about these operations. They are not performing *physics*. They are doing floating point math calculations. Nothing more. The equations could be physics related, but they can also be geometric, algebraic, and/or trigonomic in nature.
It just sounds cooler to say they are doing *physics*. Yes, there is no reason why the GPU cannot perform the same operations as the AEGIA product performs. It just may not be able to do it as well, due to other operations the GPU must handle.