Pod command not working after installation of cocoa pods

Question

I am using macOS Monterey 12.6.7

I installed the cocoa pods using sudo gem install cocoapods after that I tried to run the pod install, but its not working and saying this error.

Unable to locate the CocoaPods.app application bundle. Please ensure the application is available and launch it at least once.
zsh: illegal hardware instruction  pod

I don't understand why this error is occurring. Kindly help me out in this situation.

Edited

I also tried to run

pod setup

But still same problem