Hi @Sarkis Sakr
Currently, Microsoft Connected Cache is managed via the Azure Portal and will be available to any customer with a Microsoft 365 E3, Windows E3, EMS E3, Office E3 or Office 365 A3 (Education) subscription. Through the Azure Portal, you will be able deploy and provision a new instance of Connected Cache to your on-premises server and view data about the hit/miss ratio and overall usage.
refer- see more details
This feature is now called Microsoft Connected Cache. It was previously known as Delivery Optimization In-Network Cache.
You can install a Microsoft Connected Cache server on your distribution points. By caching this content on-premises, your clients can benefit from the Delivery Optimization feature that can help to protect WAN links.
more details
If the Answer is helpful, please click Accept Answer
and up-vote, so that it can help others in the community looking for help on similar topics.