Update: Lead Community Manager Jat says, “PS4 Patch has passed certification. It should be ready to download within the next 15 – 30 minutes.”
Original Story: On Wednesday, Studio Wildcard released an ARK: Survival Evolved update on PlayStation 4 and Xbox One, which weighed in at more than 3.4GB and added new content and re-designed the inventory menu. After discovering issues with the patch, Studio Wildcard has announced that a new update is in certification and should be released today.
Bringing ARK on PS4 to version 506.1, here’s the UI changes and crashes fixes you can expect from the upcoming update:
UI Related

Chat Box offset is now fixed when scaling the UI
Chat Box no longer covers hotbar when inventory is open
R2 will now craft single items from engrams Buttons re-arranged in inventory UI in order of player usage
Hold down R2 on consumables for rapid usage
Tooltips now lets you decide whether you want to show the item name or the item info using specific callouts
Non-data tooltips are instantaneous

Game Input Changes

Touchpad now navigates inventory HUB to the left (inventory, engrams, tribe manager, etc)
Options now navigates inventory HUB to the right  (inventory, engrams, tribe manager, etc)
R1 can be used to cycle inventory tab (to switch between inventory and crafting)
Chat can now be opened within an inventory using L1 + Options or L1+ TouchPad
L3 can be used to cycle local and remote inventories
R3 can be used to activate a ...