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Some members of the Microsoft 365 Insiders program can now try out the combination of Python, Excel and the Anaconda Python repository.
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Forget Python in Excel, this Jupyter extension has taken over my ... - MSN

How is it different from native Python in Excel? Some of you may be aware that you can run Python in Excel natively. However, it is dependent on a cloud-based Anaconda environment to execute code ...
Users will be able to enter Python code directly into cells using the new =PY function, as Python will be integrated directly into the Excel grid, with no need to install additional software.