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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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this post was submitted on 23 Aug 2023
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There is another compilation step inside the Java Virtual Machine which "compiles" the VM Assembly code to native code at runtime.
This is what's called JIT compilation and has been part of the standard Java Virtual Machine for about 2 decades and the default - at least server side - for almost as long (i.e. you have to explicitly pass a parameter to disable it at startup if you want the old runtime interpreted VM opcode behaviour).
Source: I used to design and develop mission critical high performance distributed server systems in Java for banks since before 2008 and it definitelly is capable of handling it (the bottleneck tended to be the TB-size database, not the Java application).