The document summarizes the new features in Android Studio 3.2 beta, including AndroidX for reorganizing Android support library packages, dynamic delivery of APKs using app bundles, and dynamic delivery of features using dynamic feature modules. It provides details on migrating to AndroidX, building app bundles and dynamic feature modules, and how they allow serving optimized APKs based on user device configuration. The release also includes improvements to the build tools, emulator, and other developer tools.