I’ve heard a couple people say that Microsoft has patched a record number of bugs internally this year so it might be the case that it’s simply more opaque because it’s initiated internally and doesn’t involve a public Git repo or a third-party researcher.

You don't hear about them because you're probably not paying attention to where all the Windows admins hang out. Nearly every single patch tuesday over the past couple of years has been an emergency race to get things patched as soon as you can, for both local and remote exploits.