Ubuntu 16.04 and Matlab 2016a: MATLAB has encountered an internal problem and needs to close

There is some problem with matlab UI GPU-based rendering on nvidia as this is causing this problem

Stack Trace (from fault):
[ 0] 0x00007f5bbc4a024d /usr/lib/nvidia-361-updates/libGLX_nvidia.so.0+00344653

The workaround is to launch matlab without GPU rendering: opt/MATLAB/R2016a/bin/matlab -softwareopengl