For now, until Microsoft figures out a fix, go to "Device Manager", expand "Sound, video, game controllers", right click on "Realtek(R) Audio" and select "Update driver", select "Browse my computer for drivers", select "Let me pick from a list of available drivers on my computer" and click "Next", select "High Definition Audio Device" and click "Next", you will get a popup window that states "Update Driver Warning", choose "Yes" to continue to install this driver, new "Update Drivers - Realtek(R) Audio" window will popup stating "Windows has successfully updated your drivers". Select "Close".
In "Device Manager" expand "Sound, video, game controllers", right click on "Realtek(R) Audio" and select "Properties", a new window will pop up "Realtek Audio Properties", "Driver Date" should read "7/3/2024", and "Drive Version" should read "10.0.26100.1150".
This should restore sound, but it is limited in functionality. Microsoft needs to be aware that not all Windows 11 approved systems use USB-based sound devices. They still need to fix the drivers ASAP to properly support motherboard-based 3.5mm jack analog outputs.
Soundless Windows 11 PCs are basically useless in today's streaming Internet world.