ACR 16 update in PSE 2024 does not work

Please ignore what AxelMatt posted:   It simply is not correct.

PSE 2024 is 100% compatible with ACR 16.0.  I manually installed it a couple of days after acr 16.0 came out.

Since your camera needs it, please follow the instructions below the posted image-  which is a screenshot from PSE 2024.

ONCE YOU MANUALLY INSTALL ACR ACCESS IT FROM HERE:

FILE>OPEN IN CAMERA RAW  (From the editor menu)

The following is a workaround to update Camera Raw within Elements. It is recommended to wait for Camera Raw updates within the product for issue fixes. 

If you haven't been able to update the Camera Raw plug-in for Elements, follow these steps:

• Download and install the latest Camera Raw version from https://helpx.adobe.com/camera-raw/kb/camera-raw-plug-in-installer.html

• Quit all Adobe applications.

• On macOS, double-click the .dmg file to mount it.
• On Windows double-click the downloaded .zip file to unzip it. (Windows might unzip the file for you.)

• On macOS, double-click the .pkg file to start the installer. 
• On Windows, double-click the resulting .exe file to start the installer.

• Follow the on-screen instructions.

• Once installed successfully, close the installer window.

• Navigate to the following folder:
• On macOS: /Library/Application Support/Adobe/Plug-ins/CC/File Formats
• On Windows: C:\Program Files\Common Files\Adobe\Plug-Ins\CC\File Formats

• Copy the Camera Raw plug-in from the CC > File Formats folder that is mentioned in the above step.

• Navigate to the following folder: 
• On macOS: /Library/Application Support/Adobe/Plug-ins/Elements<Version Number>/File Formats
• On Windows: C:\Program Files\Common Files\Adobe\Plug-Ins\Elements<Version Number>\File Formats

• Replace the existing Camera Raw plugin in Elements<Version Number> folder with the plug-in that you copied in step 8.