Now I'm guessing that you're not referring to that particular kind of RAM and that you're simply wondering if the GDDR RAM that is used in the current frame buffer could be used as a cache for a CPU?
In general, I believe the answer is no. GDDR RAM than SDDR is not faster in the way memory banks and rows can be opened and closed, so the access latency stays the similar. Caches are usually used as bandwidth amplifiers, but in the case of CPUs their prime function is for latency hiding. And that's not going to help any.