Android Studio 3.0 Canary 1 - Simulator Stuck On Boot

I tried running my App on Android O on the new Canary Build of Android Studio, but when I launch the Simulator it get's stuck at boot. It's been 20 mins now that is stuck. This hap

Solution 1:

I finally figured out that I did not update all the components in the SDK Manager. After updating all of them the emulator ran fine