Question
Encountered a failure related to GPU-enabled effects

Hey there, I'm running a day-old machine with a 3080Ti and getting this "Encountered a failure related to GPU-enabled effects..." the moment I scrub the timeline. All system and graphics drivers are up to date but I'm fearing now this is a AE related incompatibility issue due to the recent release of the card. Can anyone suggest a fix or shine a light how I can get this resolved?
Many Thanks!