Hi, I am using Parallels 17.0.0 and downloaded the macOS VM (Monterey Beta) that was proposed. The download and installation went fine, but the resulting VM has no networking. It fails to get a DHCP address, and setting up a manual one does not work either. Anyone else with this issue? Thx!
M1 MacOS Monterey VMs are working great for me, though my host Mac Mini is on a wired connection. It appears that the networking config for Apple Silicon MacOS guests is completely disconnected from the usual Parallels networking config in the current build of Parallels 17, and currently appears to be hardcoded to use 192.168.64.0/24, so if that conflicts with your wireless network's addressing scheme, that could be the problem...
Figured it out: culprit was the firewall software on my Mac. As @MattD14 comments, this VM cannot be configured and uses a network that bypasses all Parallels networking configuration. Issue is solved, and the VM has networking.