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Microsoft announces Python formulas in Excel... which have to get sent to the cloud
(techcommunity.microsoft.com)
This is a most excellent place for technology news and articles.
So this is basically a native version of xlwings that requires exposing your excel data?
Does xlwings require any specific Python installation? Can I use it with my WinPython 3.10 installation on Windows 10?
As long as it can run Python, yes. It functions as a library just like VBA.