In his webpage, Fabrice Bellard mentions an exotic formula for $\pi$ as follows $$\pi = \frac{1}{740025}\left(\sum_{n = 1}^{\infty}\dfrac{3P(n)}{{\displaystyle \binom{7n}{2n}2^{n - 1}}} - 20379280\right)\tag{1}$$ where \begin{align} P(n) = &-885673181n^{5} + 3125347237n^{4} -2942969225n^{3}\notag\\ &+1031962795n^{2} - 196882274n + 10996648\notag \end{align} and he further adds that this was obtained while testing some numerical relations with PSLQ Algorithm which is a kind of integer relation algorithm.
My point here is not to ask a proof of the formula $(1)$ because it is based on a computer algorithm, but rather to understand how can be we be so sure of accuracy of such formulas obtained via these algorithms unless we have some other proof based on analytical arguments. Fundamentally a computer algorithm can't operate on a real number. The most we can hope for is operations on algebraic numbers. To deal with arbitrary real numbers one does not need "arbitrary precision arithmetic" but rather "infinite precision arithmetic" which is kind of impossible to achieve via computers.
How does one guarantee a computer generated formula like $(1)$ involving transcendental numbers ($\pi$) to be true?
Update: Just so as to highlight the computer based calculations done for algebraic numbers I refer to my answer regarding a Ramanujan's formula for $\pi$.