as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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in two to three sentences, explain the concept of parallel computing.
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parallel computing is a form of computing that divides a large task into smaller, more manageable subtasks and runs those subtasks simultaneously. by taking advantage of multiple processing cores on a single computer or multiple computers, the total computing time for the task is greatly reduced and results are processed faster. it is particularly useful for performing complex calculations and data analysis tasks.
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