HTML5 is the next generation web development standard that improves upon HTML4 and XHTML. It focuses on features rather than syntax, and includes new elements like <article> and <section>, native audio/video support, drawing APIs, geolocation, drag and drop, web forms 2.0, and more. HTML5 aims to improve multimedia capabilities while keeping code readable by humans and machines. It is supported by all major browsers, though support for specific features may vary, and polyfills can help with backwards compatibility.
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