Convert psb to jxl

What is the difference between .psb and .jxl?

Description: Format used for saving large Photoshop documents over 30,000 by 30,000 pixels in size; supports images up to 300,000 by 300,000 pixels; to enable .psb support, check the "Enable Large Document Format" within the File Handling pane of the Photoshop Preferences window; A JPEG XL file is an image saved in a compressed graphic format currently under development by the Joint Photographic Experts Group (JPEG). It supports wide color gamut and HDR (High Dynamic Range), alpha channels and animation frames while providing visually lossless compression. Images can be converted back and forth between JPEG XL and JPEG without loss of quality. Converting a regular JPEG to JPEG XL reduces the file size by 22%. JPEG XL files can be used to store any type of image content.