Is telos evm?

Could you please elaborate on whether Telos is indeed an Ethereum Virtual Machine (EVM) compatible blockchain? The term "EVM" is often associated with Ethereum and its smart contract functionality, allowing developers to deploy decentralized applications. Given the rapidly evolving nature of the blockchain industry, it's crucial to understand the specific technologies underlying each platform. Clarifying whether Telos utilizes an EVM-compatible architecture would greatly assist in assessing its potential for interoperability and compatibility with existing Ethereum-based projects. Thank you for your time and attention to this matter.