P: Photoshop 26.11 freeze at launch on Reading Brushes & Building Color Conversion Tables

Ok! After rechecking updates, TWO updates were available for Photoshop: v26.1.1 and v27.0. Downloaded v27.0 and got an error; retried, and it installed correctly.  v27.1 of the PS beta was also available, and installed correctly.

Not seeing v27 as available here in Los Angeles Oct. 28th at 10 AM, I will say that the Beta loads and runs MUCH more smoothly for those who care to use the beta.

Have now installed Photoshop Beta v27.0.1, and the freeze at "Loading Brushes" no longer occurs.  I had uninstalled the Beta version, but I will stick with it until Adobe makes its announcements in a couple of days.

Old PC with Nvidia 1080ti would hang on "Loading Brushes."  Wanted to buy a new PC anyway.  Nvidia 5070ti, 64GB RAM, the works.  Same problem.  Hangs on "Loading Brushes." v 26.11 - does not hang on any other step.  Terminate Photoshop with Windows "End Task," load PS again, no problem.  Between new PC and old PC, I've experienced this issue for several weeks now, but don't know what previous build numbers were, sorry.

The problem seems to be related to resetting Photoshop preferences. If you load Photoshop by pressing the SHIFT key and answering NO at the question about resetting user preferences, the problem is temporarily circumvented. It has worked for me. Even when I load Photoshop from double-clicking on a JPG, for example.

first uninstall and then install 26.10 worked for me.
simply changing the version which has the vesrion change handled by creative cloud desktop did not work,
im on windows 10. i chose to keep my presents option. and they all came back working. 
so you have to do the uninstall then install 26.10 and make sure you dont have autoupdate turned on for photoshop.
btw, its also working in the beta 27.1 if you choose that path. and also 25 last was ok too. 

Mine is also crashing at building color conversion tables as another user has mentioned. The only way I can open the app is if I resent preferences by holding ctrl + windows + alt during start up... everytime.

Windows 11 PC with Nvidia 3070. Drivers and PC are all up to date as of this comment.

A few days ago, my Photoshop desktop app stopped opening. It would start loading (with the parrot page - initialising, etc.) then that would just disappear. I contacted Adobe and have spent hours with their staff remotely trying to get my photoshop desktop app working. The only way they could get it to work is to revert back to the 2020 version. While that does everything I need it to - I'm questioning why I am paying so much every month for an app which supposedly suddenly(!) isn't compatible with my system. I am wondering if I have any other options. I certainly can't afford to upgrade my PC as it's only 3 years old! (HP with decent spec). The Adobe staff say my graphics card is too old(!!) I've attached what I think might be relevant... I am a creative not a techie so please be gentle with me!

Yes, just have to forget about this update. Wait until the next few come out.