The problem has been observed with Google's app versions 126.96.36.199.arm64 and 188.8.131.52. Problem seems to be affecting users with various manufacturers, ranging from Samsung, Google's own Pixel phones to Sony phones.
According to Google, the issue should be cleared after phone restart, but according to reports, this hasn't helped everybody.
To fix the problem for now, navigate to your phone's Settings and go to Settings > Apps > Google. There, tap the three dots in the upper corner and choose Remove updates. This should fix the problem until Google releases an official patch to the problem.
Written by: Petteri Pyyny @ 22 Jun 2021 5:40