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The video discusses the release of JetBrains Fleet, a new tool by JetBrains that aims to compete with Visual Studio Code. While JetBrains is known for quality products, Fleet raises concerns due to its limited free version, which is restricted to non-commercial use and lacks features compared to the fully open-source and free for commercial use model of Visual Studio Code. Users must download the JetBrains App Manager toolbox to access Fleet, which, although quick to launch, consumes over 300 megabytes of background memory, raising questions about its lightweight claims. The presenter emphasizes the need for clarity about Fleet’s capabilities, especially following its recent release.