No. Pinocchio is a fictional character from a children's story. It was created by Carlo Collodi. It has elements of fantasy like a wooden puppet coming to life, which doesn't happen in real life.
Definitely not. Pinocchio is a work of fiction. It comes from the creativity of the writer and exists only in the realm of imagination and storytelling.
If it's a relatively new release, the official website of the production company might give you information on where to watch it. You could also ask in relevant online forums or groups dedicated to movies and animations. People there might be able to point you to the right place, whether it's a new streaming service that has exclusive rights to it or some other less - known source.