Try unplugging both tv and aTV for 30 seconds, the plugging back in.
-- Theres's a reason "have you tried turning it off and back on again" is a meme.
check your TV settings, make sure it's still enabled
Check your aTV settings, make sure they're still correct, especially since you just did an update.
--- I've had settings randomly change on me, and updates can be bad about this.
If the setting on the aTV is correct, try changing it to something else, and back to the correct setting.
--- it's possible that the setting switch you control makes several changes in the background, One of those things might have gotten out of whack, while the rest are fine (including the switch position). Toggling the setting gets everything back in line
try unplugging both ends of the HDMI cable and plugging them back in.
- there is a handshake that happens between the devices that lets them know each others features, it's possible your aTV just "forgot" the TV can do CEC, this should reset it. Although the power cycle in step one should have fixed it
One could always try a reset and reinstall that latest update again
There is no way to re-install updates on the appleTV 4K
Make sure the remote is fully charged
The remote uses bluetooth to the appleTV,
The aTV then turns off the TV using commands over HDMI
if the remote is controlling the aTV, then the batteries are fine.