Yes, you are correct. Python is an interpreted language which means that when code is run through python interpreter then it get translated into machine-code (which runs on a CPU) at runtime while C/C++ is compiled so it gets transformed to Machine Code before running them on CPU , this is why C/C++ can execute certain operations much faster than Python but now with libraries like NumPy and PyTorch etc these difference has been reduced significantly specially when talking about large datasets and matrix calculations.
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