Error When installing Anchor using avm install latest

[Prashidha0O1]

error[E0282]: type annotations needed for Box<_>
--> /home/ht0k/.cargo/registry/src/index.crates.io-6f17d22bba15001f/time-0.3.29/src/format_description/parse/mod.rs:83:9
|
83 | let items = format_items
| ^^^^^
...
86 | Ok(items.into())
| ---- type must be known at this point
|
= note: this is an inference error on crate time caused by an API change in Rust 1.80.0; update time to version >=0.3.35 by calling cargo update

Compiling solana-security-txt v1.1.1
Compiling unicode-segmentation v1.10.1
Compiling heck v0.3.3
Compiling console v0.15.8
Compiling solana-vote-program v1.18.17
For more information about this error, try rustc --explain E0282.
error: could not compile time (lib) due to 1 previous error
warning: build failed, waiting for other jobs to finish...
error: failed to compile anchor-cli v0.30.1 (https://github.com/coral-xyz/anchor?tag=v0.30.1#e6d7dafe), intermediate artifacts can be found at /tmp/cargo-installswRPCY.

[Prashidha0O1]

@acheroncrypto please, help me out here

[Serdnad]

Take a look at #3236

[acheroncrypto]

Duplicate of #3126, #3158, #3164, #3169, #3173, #3198, #3202, #3236.