Same issue here, it worked and now I just relaunched XCode and the same error message, failing to download..
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The operation couldn’t be completed. (ModelCatalog.CatalogErrors.AssetErrors error 1.)
Domain: ModelCatalog.CatalogErrors.AssetErrors
Code: 1
User Info: {
DVTErrorCreationDateKey = "2024-10-30 21:32:05 +0000";
}
Failed to find asset: com.apple.fm.code.generate_small_v1.base - no asset
Domain: ModelCatalog.CatalogErrors.AssetErrors
Code: 1
System Information
macOS Version 15.0.1 (Build 24A348)
Xcode 16.1 (23503) (Build 16B40)
Timestamp: 2024-10-30T17:32:05-04:00