The faster cpython project was for 5x over the 3.10 baseline. CPython 3.13 is currently running at something like 1.6x speed compared to 3.10. With the JIT enabled it goes up by a few more single digit percentage point. With the changes in 3.14 it'll be something like 1.8x speed-up.
So it's slowly getting there, I think the faster cpython project was mostly around the idea that the JIT can get a lot faster as it starts to optimise more and more and that only just got shipped in 3.13, so there's a lot of headroom. We know that PyPy (an existing JIT implementation) is close to 5x faster than CPython a lot of the time already.
There's also now the experimental free-threading build which speeds up multithreaded Python applications (Not by a lot right now though unfortunately).
So it's slowly getting there, I think the faster cpython project was mostly around the idea that the JIT can get a lot faster as it starts to optimise more and more and that only just got shipped in 3.13, so there's a lot of headroom. We know that PyPy (an existing JIT implementation) is close to 5x faster than CPython a lot of the time already.
There's also now the experimental free-threading build which speeds up multithreaded Python applications (Not by a lot right now though unfortunately).