I don't see conversation option in m365 chat

So I am trying to understand this, if you use a free product you get the really useful voice/mic button to have conversations with Copilot, but if you decide to drop hundred of dollars on a license for Copilot in your M365 Tenant you lose the ability to use the that feature? This doesnt make a lot of sense considering one is called Copilot and the other is M365 Copilot. I would love if Microsoft could provide a bit more insight here? Is there a way to still use the free copilot but log in with my M365 account and have my history saved etc. Dont get me wrong I love the Copilot integration but one of the biggest features of most of these LLM apps for phones is that you can just click a circle in the middle of the screen and talk to it.