Ah, two billion. The first several times I saw this it looked like "twenty eight", which didn't seem terribly interesting.
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It captures two billion pixels per second. Essentially he captures the same scene several times (presumably 921,600 times to form a full 720 picture), watching a single pixel at a time, and composite all the captures together for form frames.
I suppose that for entirely deterministic and repeatable scenes, where you also don't care too much about noise and if you have infinite time on your hands to capture 1ms of footage, then yes you can effectively visualize 2B frames per second! But not capture.
And there are 1 million milliseconds every ~15 minutes. It doesn't take that long to capture all the angles you need so long as you have an automated setup for recreating the scene you are videoing.