I got the exact same error message, but am fully up to date both in terms of OS and graphics.
I have a 64-bit operating system, x64-based processor with Windows 11 Pro version 24H2. I also just downloaded the Intel® Arc™ & Iris® Xe Graphics which the support store is telling me is up to date.
I've updated all I can but am still getting this every time I try to launch the game. Is there a way to fix this?