I have been experiencing a similar situation to others since the latest update.
The application crashes immediately.
Im using Windows 7 64 bit and have copied the application error details below
Faulting application name: Photoshop.exe, version: 220.127.116.115, time stamp: 0x52a8330b
Faulting module name: nvcompiler.dll, version: 18.104.22.1687, time stamp: 0x506b42b9
Exception code: 0xc0000005
Fault offset: 0x000000000005e66c
Faulting process id: 0x1bbc
Faulting application start time: 0x01cf2414a97f2e54
Faulting application path: C:\Program Files\Adobe\Adobe Photoshop CC (64 Bit)\Photoshop.exe
Faulting module path: C:\windows\system32\nvcompiler.dll
Report Id: f1b8e5ba-9007-11e3-be1d-c485085a236d
Ive read other posts and it says the graphiccard could be the reason.
Im using: NVIDIA GeForce GT 630 M, driver version 306.97
Any help would be appreciated.