Graphics initialization error

My PC meets all of the game’s system requirements, and I have always been able to play without any issues. Less than a week ago, the game received an update, and since then this error has appeared every time I try to enter a world.

The game works normally up to the loading screen that appears after the character selection menu. However, when it tries to actually load into the game world, I get the following error:

“Failed to initialize graphics. Error initializing graphics. Please make sure your graphics drivers are up to date, that no other 3D games or applications are running, and try again.”

Since the character selection screen, the rendering already looks abnormal, but, for some reason, this only happens with the scene of my first character. When I switch to my newer character, the character selection screen looks normal, and the graphical issue only appears after the loading screen.

Additional information:

  • I have already tried repairing the game files.

  • I reinstalled the game.

  • I lowered the graphics settings.

  • I use it on Steam.

  • My graphics drivers are fully up to date.

My PC is a Samsung Galaxy Book2 360 with:

  • Intel Core i5-1235U (12th Gen)

  • 16 GB RAM

  • 512 GB SSD

  • Intel Iris Xe Graphics (integrated GPU)

It does not have an AMD or NVIDIA graphics card. I also have 240 GB of free storage space available.

a video for further clarification:

youtu.be/1wGtvHM-Obk