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Microsoft announces Python formulas in Excel... which have to get sent to the cloud
(techcommunity.microsoft.com)
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To charge a subscription. I massively use Microsoft 365 for work, and they are really good at making sure they get a cut for everything you do. They also want to make sure every new Office feature is supported by their web version of office. I imagine they could run the python in a web browser, but it is easier to make it a cloud service you have to pay a subscription to. Did I say easier, I meant more profitable.