Yes they do (arxiv is a place for scientific papers not press releases). I've only skimmed it, but the paper introduce an adaptive way to clip gradients. Meaning that if the ratio of the gradient norm to weight norm surpasses a certain threshold, they clip it. This stabilizes learning and seems to avoid the need for batch normalization. Seems quite promising imo and something that could stick (I'm quite happy if we could finally do away with batchnorm).