Steps taken to enable (using the kmod RPMs from here: https://github.com/sihawken/i915-sriov-kmod/, forked by me to rebuild to include 6.5.x kernel support from the upstream dkms):
dnf copr enable peoinas/akmods
dnf install akmod-i915-sriov
akmods --force
depmod -a
dracut --force
Then append intel_iommu=on i915.enable_guc=3 i915.max_vfs=7
to /etc/default/grub
and run sudo grub2-mkconfig -o /boot/grub2/grub.cfg
.