Microsoft just launched Transcribe in Word, its new transcription service for Microsoft 365 subscribers, In addition, Word is also getting new dictation features, which now allow you to use your voice to format and edit your text, for example. As the name implies, this new feature lets you transcribe conversations, both live and pre-recorded, and then edit those transcripts right inside of Word.
https://techcrunch.com/2020/08/25/microsoft-brings-transcriptions-to-word/