The type of technology imitates hardware without relying on the cpu being able to run the software code directly is an Emulator.
An emulator is known to be a kind of a hardware device or software program that helps a single computer system (also called a host) to work similar or like the functions of another given computer system (called the guest).
Note that It helps the host system to run software, like the quest and as such, The type of technology imitates hardware without relying on the cpu being able to run the software code directly is an Emulator.
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