Unable to load Nvidia Driver for Ubuntu 20.04 LTS

$ 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.
$ ubuntu-drivers devices
== /sys/devices/pci0000:00/0000:00:01.0/0000:01:00.0 ==
modalias : pci:v000010DEd000024B8sv00001028sd00000A69bc03sc00i00
vendor   : NVIDIA Corporation
driver   : nvidia-driver-515-open - distro non-free recommended
driver   : nvidia-driver-510-server - distro non-free
driver   : nvidia-driver-470-server - distro non-free
driver   : nvidia-driver-460 - third-party non-free
driver   : nvidia-driver-495 - third-party non-free
driver   : nvidia-driver-470 - third-party non-free
driver   : nvidia-driver-515 - third-party non-free
driver   : nvidia-driver-515-server - distro non-free
driver   : nvidia-driver-510 - third-party non-free
driver   : nvidia-driver-520 - third-party non-free
driver   : xserver-xorg-video-nouveau - distro free builtin

== /sys/devices/pci0000:00/0000:00:1f.4 ==
modalias : pci:v00008086d000043A3sv00001028sd00000A69bc0Csc05i00
vendor   : Intel Corporation
driver   : oem-somerville-blastoise-meta - third-party free

== /sys/devices/virtual/dmi/id ==
modalias : dmi:bvnDellInc.:bvr1.15.2:bd09/08/2022:br1.15:svnDellInc.:pnPrecision7560:pvr:rvnDellInc.:rn01C06K:rvrA01:cvnDellInc.:ct10:cvr:sku0A69:
driver   : oem-somerville-meta - third-party free
driver   : oem-release - third-party free
$ systemctl status nvidia-persistenced
● nvidia-persistenced.service - NVIDIA Persistence Daemon
     Loaded: loaded (/lib/systemd/system/nvidia-persistenced.service; enabled; vendor preset: enabled)
     Active: failed (Result: exit-code) since Fri 2022-10-14 09:19:21 CEST; 5min ago
    Process: 2153 ExecStart=/usr/bin/nvidia-persistenced --verbose (code=exited, status=1/FAILURE)
    Process: 2435 ExecStopPost=/bin/rm -rf /var/run/nvidia-persistenced/* (code=exited, status=0/SUCCESS)

From what I found on the internet, I have tried the following -

  1. tried, uninstalling and reinstalling the driver on multiple kernels → did not work
5.11.20-051120-generic  #Whole system had issues
5.13.19-051319-generic 
5.15.25-051525-generic
5.17.0-051700-generic
  1. disabled secureboot and reinstalled → did not work
  2. upgraded the bios to latest version → did not work
  3. sudo prime-select nvidia → did not work

please find attached the nvidia-bug-report. Any assistance is highly appreciated.
Thanks in advance!
nvidia-bug-report.log.gz (205.8 KB)