Summary
A new vision for Microsoft Stream empowers users to create, share, discover, and manage video just as they would any other file.
With video that will be stored in Microsoft 365, the new version of Stream builds on the rich content management features of SharePoint and unlocks the intelligence of Microsoft Graph to enhance videos across Microsoft 365. The earlier version of Stream will now be known as Microsoft Stream (Classic) and the new version will be known as Microsoft Stream SharePoint.
Body
Microsoft Stream is a video hosting platform that allows you to share video content within the organization. You are able to create videos, channels, and groups.
As a bonus Stream automatically adds closed captioning.
Using (Classic) Stream and Stream on SharePoint