P: Denoise on DNG from Ricoh GR-III x is missing Luminance Denoise-

It doesn't work with my GRIII, but it does work with my GRII.

My test file is from a GRII five years ago

Me using Photoshop shouldn't make a difference, right?

This is weird. No impact at all on my side when running Denoise with the latest firware and updates.

There was a recent firmware update issued by Ricoh. Its possible they fixed the issue for images taken with the new firmware. 

Denoised on the left

It doesn't work for me either (GR III 1.81, LRC 12.5 CameraRaw 15.5).

Luminance noise is still not impacted at all by AI Denoise.

PS 24.7

PSbeta 25.0

Not me.  Running LRC 12.5 CamRaw 15.5

New raw update seems to give better results on my Ricoh GR2/3. Anyone else noticed this?