XCode 15.3 Command CompileAssetCatalog failed with a nonzero exit code

I just upgraded to XCode15.3 and now all my projects with Assets are getting this compile error. I have tried removing DerivedData caches and rebooting but still get this error. Anyone else hit this problem with XCode 15.3? I was only Building for IOS 16.4 and 17.0.1 and Xcode 14.0 and 15.0 Build Error: Command CompileAssetCatalog failed with a nonzero exit code *** Terminating app due to uncaught exception 'IBPlatformToolFailureException', reason: 'The tool closed the connection (AssetCatalogSimulatorAgent) Execution Context: <IBSimulatorToolCoreSimulatorCLIExecutionContext: 0x600003d5d260 busyCount=0, Idle for 0.0 secs, lifeTime=26.3 secs>, device=IBSimDeviceTypeiPad3x (865E7291-E467-4E8D-B535-D64F43A57F15, iOS 17.4, Shutdown), idiom=<IBIPhoneIdiom: 0x6000028b8000>

I am experiencing the same error with Xcode 15.4 on M1 Macbook Pro, but not with the exact same project on a iMac 2019/Intel Core i9...

XCode 15.3 Command CompileAssetCatalog failed with a nonzero exit code
 
 
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