The latest version of PowerPoint is PowerPoint 2021 for Windows. It was released on September 20, 2023. Some of the new features in PowerPoint 2021 for Windows include co-authoring, Ink Replay, improved slide show recording, new stock media from the Office Premium Creative Content collection, and new Draw tab additions such as Point Eraser, Ruler, and Lasso. If you are upgrading to PowerPoint 2021 for Windows from PowerPoint 2019 for Windows, you will still have all the features you are used to, and you will notice a few new ones as well.