Davinci Resolve no GPU in CachyOS

I get an error saying “Unsupported GPU Processing Mode. Please review the GPU drivers and GPU configuration under Preferences.”

I have checked and there is no driver to select.

nvidia-smi

NVIDIA-SMI has failed because it couldn't communicate with the NVIDIA driver. Make sure that the latest NVIDIA driver is installed and running.

lspci | grep -i nvidia

05:00.0 VGA compatible controller: NVIDIA Corporation GK208B [GeForce GT 710] (rev a1)

05:00.1 Audio device: NVIDIA Corporation GK208 HDMI/DP Audio Controller (rev a1)

Kindly guide in this issue, as I am new to cachyos.

Thanks