Gradle Error while opening the project

[TryCAEarvr]

🐛 Describe the bug

I am getting a gradle like the errors provided below:

#1:
Starting Gradle Daemon...
Gradle Daemon started in 692 ms

Task :prepareKotlinBuildScriptModel UP-TO-DATE
AGPBI: {"kind":"warning","text":"We recommend using a newer Android Gradle plugin to use compileSdk = 34\n\nThis Android Gradle plugin (8.1.0) was tested up to compileSdk = 33 (and compileSdkPreview = "UpsideDownCakePrivacySandbox").\n\nYou are strongly encouraged to update your project to use a newer\nAndroid Gradle plugin that has been tested with compileSdk = 34.\n\nIf you are already using the latest version of the Android Gradle plugin,\nyou may need to wait until a newer version with support for compileSdk = 34 is available.\n\nTo suppress this warning, add/update\n android.suppressUnsupportedCompileSdk=34\nto this project's gradle.properties.","sources":[{}]}

#2:

Null extracted folder for artifact: ResolvedArtifact(componentIdentifier=executorch.aar, variant=local file, variantName=null, artifactFile=/home/xrlinux/Documents/executorch/examples/demo-apps/android/LlamaDemo/app/libs/executorch.aar, isTestFixturesArtifact=false, extractedFolder=null, publishedLintJar=null, dependencyType=ANDROID, isWrappedModule=false, buildMapping={current_build=/home/xrlinux/Documents/executorch/examples/demo-apps/android/LlamaDemo})

I could see tat the Gradle version(8.1.0) is not matching with the compilesdk=34. I even tried upgrading the gradle, But it doesn't help.

Kindly provide the necessary steps to resolve this error or suggest me the right android studio version to avoid this error.

Versions

I am currently running Android Studio Koala | 2024.1.1 Patch 2 with Gradle version 8.1.0

cc @kirklandsign @cbilgin