ESP32-CAM PSRAM Initialization failure and Timed out waiting for packet header Error

Remove the SD card
Connect the Vcc from the FTDI to the 5 V pin on the ESP CAM (not the Vcc pin)
Try a simple blink sketch


//Led is on the reset button side of the board
void setup() {
  pinMode(33, OUTPUT);
}
void loop() {
  digitalWrite(33, LOW);//on
  delay (1000);
  digitalWrite(33, HIGH);//off
  delay (1000);
}