Grafana 4.1 Beta introduces several enhancements and new features, primarily driven by community contributions, following the recent release of version 4.0. Key updates include the addition of shared tooltips across all graphs, VictorOps and OpsGenie notification integrations, and improved Cloudwatch configuration that allows specifying access and secret keys directly on the data source configuration page. Support for Elasticsearch 5.x has been added, while support for Elasticsearch 1.x has been discontinued, urging users to upgrade to version 2.x or 5.x. The release also includes help text for panels, utilizing Markdown for better formatting and linking. Users are encouraged to check the CHANGELOG.md file for a comprehensive list of new features, changes, and bug fixes, with download links available on the v4.1 download page.