An 'appropriate' microcontroller that can handle that could cost as little as 50 cents (not counting its share of printed circuit board real estate, support components, power supply, etc). But consider a $200 desktop PC does 32 bit operations (four times as much data per operation) at about 2 gHz (100 times the speed of an 8-bit microcontroller), so offhand it looks like you're getting the same computational horsepower with one desktop PC as with 400 microcontrollers at the same cost.
You may be able to do better with 32-bit microcontrollers, or especially with FPGA's, but in any case you should always calculate the operations-per-dollar that each solution gives you.
Remember which, the Mandelbrot set or the AT?
There was a "Circuit Cellar" column in Byte many years (okay, a couple DECADES ago!) ago where Steve Ciarcia made a parallel-processor board using 8051's (or was it 8048's back then?), each running a floating-point math package, and each used to calculate points for the Mandelbrot set. ISTR there was one main processor to communicate with the PC and the other processors. Something like eight processors was as fast as a 286 (I forget if that's with or without a FP coprocessor), and you could put up to 64 processors on the board. This was neat toy, but still not very useful even back then.
They're "built in" to the main processor, starting with the 486. The cost per logic gate has continued to go down, so they've stuck more and more crap on/in the CPU.