GPU error message "out of memory"

@clloff have a look at the troubleshooting steps in the link below

https://helpx.adobe.com/ie/camera-raw/kb/acr-gpu-faq.html#troubleshoot

Especially this bit

6. Check and delete the TempDisableGPU3 or TempDisableGPU2 files

It seems there's a problem or incompatibility with your graphic device or the installed device driver.

Unfortunately you haven't given us any information about your system. Therefore, all proposed solutions are a look into the crystal ball.

Is your system up-to-date? Do you have installed all recent updates and patches for the operating system and the device drivers, especially the graphic driver. If you have a NVidia graphic card installed, make sure that you are using the recent Studio version of the driver, not the Game Ready version.

Please provide a copy of your 'System Info'. This can be get from the Photoshop menu item Help > System Info. There's a copy button in the System Info dialog. Press this button and paste the info into your next forum post.

In a first step try to disable the option to "Use Graphics Procesor" from Photoshop by going to Preferences, then Performance. Once done, quit & relaunch Photoshop to check if that helps.

If it helps, you can check out the steps suggested here:   https://helpx.adobe.com/photoshop/kb/troubleshoot-gpu-graphics-card.html

Take a look especially point 7 in the "Troubleshoot GPU and Graphics driver" section.

As you wrote you're using a laptop/notbook.  I think the buildin CPU has internal GPU. Please try to deactivate this GPU in device manager in Windows and check.

More informations you'll find here: https://helpx.adobe.com/photoshop/kb/troubleshoot-gpu-graphics-card.html