This new update, dramatically increases object fading distance. That means we will able to see much further distances while we play Fallout 4 more than ever before.
You can see the differences between ex-version and new version of the game from official Twitter account post of Bethesda Game Studios below;
Fallout 4’s 1.3 consoles update dramatically increases object fading distances. Have a look… pic.twitter.com/9I728wSpm2
— BethesdaGameStudios (@BethesdaStudios) 9 Şubat 2016
Remember, this update is only for Play Station 4 and Xbox One! At least for now.