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In this tutorial, Kevin introduces a new functionality in Word Online called "transcribe." Unlike dictation, which allows real-time speech-to-text conversion, transcribe enables users to record audio in advance—such as during interviews or lectures. Users can then upload their audio files to Word Online to receive a transcription of the conversation. A notable feature of transcribe is its ability to identify multiple speakers within the audio. Kevin plans to demonstrate how this functionality works in the video.