Yup, complete with free and paid tiers of service:

The Python in Excel add-on license includes everything in Python in Excel for Microsoft 365, plus premium compute and more calculation mode options. Premium compute means faster Python formula calculation times. With the additional calculation mode options, you can switch between manual, partial, or automatic calculation modes to control when and how often your workbooks recalculate Python formulas.

https://support.microsoft.com/en-us/office/python-in-excel-a...