Terraform Cloud has introduced updates to its offerings, providing premium features in the Free tier and new paid tiers with increased concurrency and support. The updated Free tier offers SSO, policy as code, and cloud agents, while the new paid tiers provide team management, scaling concurrency, and enterprise support, along with consistent billing metrics based on managed resources. These updates aim to cater to smaller teams and organizations with a robust security posture from the start, while also providing easy upgrade paths for larger organizations.