Failed to render and update autolayout status for ViewController

Using Xcode Version 7.1 beta (7B75) I get "Failed to render and update autolayout status for ViewController"

Steps

1) Open new File => TVOS Application => Tabbed Application

2) Build Application

3) 3 errors

Failed to render and update autolayout status for FirstViewController.. IBAppleTVSimulatorAgent.app(22023) failed to launch

Failed to render and update autolayout status for SecondViewController... IBAppleTVSimulatorAgent.app(22023) failed to launch

Failed to render and update autolayout status for UITabBarViewController.. IBAppleTVSimulatorAgent.app(22023) failed to launch


No changes made to application. Attempting to build it on AppleTV Schema rather than simulator

Please file a bug report at https://bugreport.apple.com with an example project and the specific version of Xcode you're using.

Failed to render and update autolayout status for ViewController
 
 
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