java.lang.NoClassDefFoundError: javax/xml/bind/JAXBException after updating to Android Studio 4.2

Google just release Android Studio 4.2 stable. I updated my AS from 4.1 to 4.2. Now I am getting this error. It's showing error in data binding.

Caused by: java.util.ServiceConfigurationError: javax.annotation.processing.Processor: android.databinding.annotationprocessor.ProcessDataBinding Unable to get public no-arg constructor          at kotlin.collections.CollectionsKt___CollectionsKt.toCollection(_Collections.kt:1200)          at kotlin.collections.CollectionsKt___CollectionsKt.toMutableList(_Collections.kt:1233)          at kotlin.collections.CollectionsKt___CollectionsKt.toList(_Collections.kt:1224)          at org.jetbrains.kotlin.kapt3.base.ProcessorLoader.doLoadProcessors(ProcessorLoader.kt:80)          at org.jetbrains.kotlin.kapt3.base.ProcessorLoader.loadProcessors(ProcessorLoader.kt:45)          at org.jetbrains.kotlin.kapt3.base.Kapt.kapt(Kapt.kt:42)          ... 28 more  Caused by: java.lang.NoClassDefFoundError: javax/xml/bind/JAXBException          ... 34 more  Caused by: java.lang.ClassNotFoundException: javax.xml.bind.JAXBException          ... 34 more  

https://stackoverflow.com/questions/67410927/java-lang-noclassdeffounderror-javax-xml-bind-jaxbexception-after-updating-to-a May 06, 2021 at 10:07AM