How SharePoint Online Intelligent Versioning Interacts with Retention Policies and Labels

Intelligent versioning recently appeared in SharePoint Online. The purpose is to save storage by removing unnecessary versions. But retention policies and labels can stop the removal of versions. This article explains what happens when SharePoint Online attempts to trim (remove) unwanted versions of files under the control of retention policies and labels.

https://office365itpros.com/2024/11/13/intelligent-versioning-spo/