Windows Update KB2769165 contains new versions of the in-box XPS-based Print Class drivers. When Windows Update KB2769165 is installed, two of the driver files that are installed have the same name as files that are used by the HP XPS-based driver. These two files are hpbxpsrender.dll and hpmacronames.gpd. The two versions of the files are incompatible. Therefore, after the KB2769165 versions are installed, the HP XPS driver will no longer work. Reinstalling the HP driver will not resolve the issue. As the KB2769165 versions have a higher version number, they are not overwritten by the driver installation.
If Windows Update KB2769165 was installed on Windows 8, and then the system was upgraded to Windows 8.1, the issue will persist in Windows 8.1.