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Some of the major updates for the update include a cloud-powered clipboard which means it can be synced across multiple devices, a dark mode for File Explorer which users have been wanting for some time, and improvements to Microsoft Edge and the Windows Game Bar.
Development on the update should be due to wrap up at the end of September ready for internal testing before a general release a few weeks later.
One big feature that won't be in the update is Windows Sets. This is being delayed until "it's good and ready".