Fallout 76 update 1.62 patch was released today for PS4, PS5, Xbox One, Xbox Series, and PC. You can get the patch notes here.
The new update to the game is bringing another set of content including an Arena mode called Test Your Metal. There are some other important changes made to the game as well like the ability to inspect items when shopping with vendors and more. The complete list of changes including the bug fixes are viewable with the patch notes that is shared below.