In March, Microsoft announced its plans to bring Immersive Reader support to SharePoint and OneDrive for Business. The Microsoft 365 roadmap listing suggests that the feature is now rolling out globally to all Office 365 subscribers.
The Immersive Reader uses proven techniques to improve reading and writing for people regardless of their age or ability. This feature will be available on all modern pages and news posts except for home pages.

Immersive Reader for PowerPoint has been a highly requested feature, according to Microsoft. It has also been requested several times on UserVoice. Now, Immersive Reader is rolling out in PowerPoint for the web to Office Insiders. The rollout will continue throughout April and hopefully reach general availability soon.
As for SharePoint, Immersive Reader is now available as a toolbar-based option for reading SharePoint pages. This means that users will need to click on the Immersive Reader option available in the menu bar to open the page in the tool.
Microsoft is also adding Immersive Reader directly into the OneDrive menus to launch it on Word documents and text files.
With Immersive Reader support, you can select any text on a PowerPoint slide and choose "Open Immersive Reader." You can then change the focus, background color, spacing, and other elements within the tool to make it easier to read.
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