Unable to connect to simulator. (2025)

I'm very new to Garmin development and trying to create my first application. I have not been able to run the application, and see the error 'Unable to connect to simulator. ' every time that I try.

macOS Sequoia 15.2

VS Code extension 1.1.0

Connect IQ 8.0.0 Beta

I have tried restarting and reinstalling everything as well has using different combinations of Connect IQ and the extension but no luck so far.