In the latest "What's New in Two" episode, Redis enthusiasts can learn about new updates from December. Firstly, a private preview for AWS Transit Gateway for Redis Enterprise has been announced, allowing users to connect with virtual private clouds (VPCs) on any cloud. Secondly, Redis Cloud now offers low-cost Fixed Plans, making it the most affordable per gig compared to other providers. These new plans are packed with functionality and are cost-effective for those looking to start using Redis in a cloud environment.