Photoshop crashes when using presets on camera raw filter, started since new update

[Ethan26835197jx7f]

App crashes whenever a preset is used on camera raw filter. Happens both when changes are accepted or camera raw filter is canceled. App times out for a few seconds, followed by a never-ending loading cursor. Issues started in the last week, when my photoshop version was updated.

Device: Mac M1 chip 2022 16gb ram.

[Ethan26835197jx7f]

macOS Monterey

Version 12.5.1

Not sure which photoshop version, but i'd assume the newest build