Emulator not working

[ArcherEmiya05]

After a successful creation of AVD, i tried to run the emulator but get an error.

Commands
emulator -avd EMU -no-window -no-audio -no-boot-anim & ./gradlew connectedAndroidTest --continue

Logs

WARNING | Crash annotation is very large (17292), only 16384 bytes will be recorded, 908 bytes are lost.

INFO    | Storing crashdata in: /tmp/android-unknown/emu-crash-34.1.20.db, detection is enabled for process: 378

INFO    | Android emulator version 34.1.20.0 (build_id 11610631) (CL:N/A)

INFO    | Found systemPath /opt/android-sdk-linux/system-images/android-34/google_apis_playstore/x86_64/

WARNING | Crash annotation is very large (17651), only 16384 bytes will be recorded, 1267 bytes are lost.

WARNING | File System is not ext4, disable QuickbootFileBacked feature

Downloading https://services.gradle.org/distributions/gradle-8.4-bin.zip

ERROR   | x86_64 emulation currently requires hardware acceleration!

CPU acceleration status: KVM requires a CPU that supports vmx or svm

More info on configuring VM acceleration on Linux:

https://developer.android.com/studio/run/emulator-acceleration#vm-linux

General information on acceleration: https://developer.android.com/studio/run/emulator-acceleration.

INFO    | Storing crashdata in: /tmp/android-unknown/emu-crash-34.1.20.db, detection is enabled for process: 378

INFO    | Duplicate loglines will be removed, if you wish to see each individual line launch with the -log-nofilter flag.

INFO    | Increasing RAM size to 2048MB

  [1]: https://github.com/mindrunner/docker-android-sdk

If my understanding is correct we need HAXM or KVM here?