AMD-V is not available

Hello, I am trying to set up vagrant+virtualbox in Semaphore CI pipeline (machine:type: s1-prod-ubuntu20-04-amd64-1), since I need to have a specific configuration and environment running inside the VM,
However, I seem to be facing an issue with bringing up vagrant through virtualbox hypervisor with below error -There was an error while executing VBoxManage , a CLI used by Vagrant
for controlling VirtualBox. The command and stderr is shown below.
Command: [“startvm”, “e3bc90bb-3cf1-4817-91b6-0df87e05c3ff”, “–type”, “headless”]
Stderr: VBoxManage: error: AMD-V is not available (VERR_SVM_NO_SVM)
VBoxManage: error: Details: code NS_ERROR_FAILURE (0x80004005), component ConsoleWrap, interface IConsole
Entire set of logs is attached in screenshot below, can you help me how this can be resolved or is there a better alternative to this scenario?