The latest trends in software development processes include the adoption of low-code/no-code platforms to enable faster development with minimal coding experience, the use of AI-powered testing to automate test cases and identify potential issues more efficiently, the shift towards cloud-based development which offers scalability, enhanced collaboration, and access to advanced tools, the integration of security practices throughout the development process through DevSecOps, and the implementation of continuous integration and continuous delivery (CI/CD) to automate code building, testing, and deployment for faster releases.