The 80386 microprocessor was introduced by Intel in 1985. It had a 32-bit data bus and 32-bit address bus, allowing it to access up to 4GB of memory. It improved on the 80286 by including a memory management unit and paging capability, improving efficiency and reducing software overhead. The 80386 could operate in real, protected, and virtual modes and introduced concepts such as paging and virtual memory. It had enhanced addressing modes and data types compared to earlier processors.