The current version of Adobe After Effects is June 2024 release (version 24.5); Premiere Pro 24.5 was also released.  Beta features are listed in Adobe Help. You might also check out the latest fixes, performance improvements, and more.

There’s a lot in the 24.5 update, which includes the official release of the new cinematic 3D compositing toolset.

• Support for embedded animation in 3D models
• Shadow catchers and color shadows in Advanced 3D
• Depth data extraction and 3D Channel effects for Advanced 3D
• Camera and Light layer options in the Properties panel
• OBJ and Adobe Stock import from CC Libraries
• 33 useful new presets

Still in beta:

• Scripting hooks for font replacement
• New After Effects Spectrum User Interface

Many of these new features have been discussed in tutorials mentioned in previous roundups. Last week, in Beta Beat | A Sneak Peek at What’s Next in Premiere Pro and After Effects – May News, Adobe’s Karl Soule and Victoria Nece shared a look at the features, fixes, and workflows just now released in Premiere Pro and After Effects.

flomotion has newer coverage in NEW FEATURES After Effects 24.5, but it will premiere on Wednesday. He covers the presets so you won’t gloss over them.

Eran Stern also has a complete rundown with What’s new in After Effects 24.5. This follows his After Effects Just Got Better! Exploring the May 2024 Update (24.4).