In recent history (the last decade) most of the records for the calculation of pi to high precision have been performed by Yasumasa Kanada working with his research team at the Information Technology Center of the University of Tokyo. The current record is 1.2411 trillion digits calculated in 2002.
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The most accurate calculation of pi is currently estimated to be around 31.4 trillion decimal places. This calculation was achieved using supercomputers and advanced mathematical algorithms. However, for most practical purposes, using pi to just a few decimal places (3.14159) is sufficient.
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