Microsoft says it is not aware of any known issues in KB5046714. However, beware of a bug that breaks updates for packaged applications (it is not directly related to a certain Windows Update).

Microsoft clarified that “this issue is not caused by a Windows security or preview monthly update,” while informing users that the fix for this is in the new Windows 10 update, KB5046714 ...

19045.5194 (KB5046714) is the last Beta build for Windows 10. The Beta Channel and Release Preview Channel will receive the same Windows 10 build today just like we’ve been doing since June.