Steam's Game Recording feature has transitioned from beta to full availability, allowing players to automatically capture gameplay in supported titles. Users can enable 'Background Recording' to capture the last 120 minutes of gameplay or use 'On Demand Recording' to manually start and stop recording. The feature utilizes the video encoding capabilities of AMD and Nvidia GPUs, with CPU fallback for those without dedicated graphics cards, which may affect performance. Steam's Game Recording includes various bitrate settings and simplifies the recording process for PC gamers by eliminating the need for external software. Valve has not yet introduced streaming capabilities, but successful integration could enhance its position in the gaming industry.