Python is a dynamically typed programming language that was created in 1991 by Guido van Rossum. It has built-in data types like integers, floats, strings, lists, and dictionaries. Python supports operations on numbers, strings, lists, and dictionaries. It allows for conditional operations and looping. Python also has functions, modules, and object-oriented programming features. Overall, Python is a versatile language suitable for many types of programming tasks.