The latest beta update of Chronograf brings several exciting features to its users, including the creation of customized dashboards with a new `DASHBOARDS` page, improved cell creation and editing capabilities, and enhanced database management through the introduction of the `DB Management` tab on the `ADMIN` page. The update also includes better viewing options for dashboards, such as auto-refresh intervals, time ranges, and full-screen mode. Additionally, Chronograf continues to evolve with new features like customizable graph types and a more intuitive user interface.