Photoshop: Cannot save file due to program error (windows)

After latest update of Photoshop, I am getting this error message. Not always, but about 50% cases of saving file ends with this. Solution is to try save again (sometimes it saves file after 10 attempts). Its really annoying.

I have updated Windows 10, updated all Adobe products. I have a lot of free disk space. This issue started right after updating Photoshop to latest version.