diff --git a/azure-pipelines-PR.yml b/azure-pipelines-PR.yml
index 83919f2749..53a8ea14c3 100644
--- a/azure-pipelines-PR.yml
+++ b/azure-pipelines-PR.yml
@@ -891,6 +891,8 @@ stages:
           - script: dotnet tool restore
             displayName: Restore dotnet tools
           - pwsh: .\tests\ILVerify\ilverify.ps1
+            env:
+              SKIP_NETCURRENT_FSC_BUILD: true
             displayName: Run ILVerify
             workingDirectory: $(Build.SourcesDirectory)
 
diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 3afe10a80c..6be23d90c2 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -1,6 +1,6 @@
 <?xml version="1.0" encoding="utf-8"?>
 <Dependencies>
-  <Source Uri="https://github.com/dotnet/dotnet" Mapping="fsharp" Sha="7b9ad20ba1d45df5a99fdd9dedbf3bfe6a6fc24f" BarId="296906" />
+  <Source Uri="https://github.com/dotnet/dotnet" Mapping="fsharp" Sha="887f3d5a26e1001ee2777afde10cadcacb8cc735" BarId="297286" />
   <ProductDependencies>
     <Dependency Name="Microsoft.Build" Version="18.1.0-preview-25515-01">
       <Uri>https://github.com/dotnet/msbuild</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index de9674c1fd..5ad3a8a340 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -15,11 +15,11 @@
     <!-- Don't use the built in support for pre-release iteration. The nuget repack task doesn't support
          the iteration format at the moment. https://github.com/dotnet/arcade/issues/15919 -->
     <FSharpPreReleaseIteration></FSharpPreReleaseIteration>
-    <PreReleaseVersionLabel>servicing$(FSharpPreReleaseIteration)</PreReleaseVersionLabel>
+    <PreReleaseVersionLabel>alpha$(FSharpPreReleaseIteration)</PreReleaseVersionLabel>
     <!-- F# Version components -->
-    <FSMajorVersion>10</FSMajorVersion>
+    <FSMajorVersion>11</FSMajorVersion>
     <FSMinorVersion>0</FSMinorVersion>
-    <FSBuildVersion>200</FSBuildVersion>
+    <FSBuildVersion>100</FSBuildVersion>
     <FSRevisionVersion>0</FSRevisionVersion>
     <!-- -->
     <!-- F# Language version -->
@@ -30,11 +30,11 @@
     <FSCorePackageVersionValue>$(FSMajorVersion).$(FSMinorVersion).$(FSBuildVersion)</FSCorePackageVersionValue>
     <FSCoreVersionPrefix>$(FSMajorVersion).$(FSMinorVersion).$(FSBuildVersion)</FSCoreVersionPrefix>
     <FSCoreVersion>$(FSMajorVersion).$(FSMinorVersion).0.0</FSCoreVersion>
-    <FSCoreShippedVersion>10.0.100.0</FSCoreShippedVersion>
+    <FSCoreShippedVersion>10.0.101.0</FSCoreShippedVersion>
     <!-- -->
     <!-- FSharp.Compiler.Service version -->
     <FCSMajorVersion>43</FCSMajorVersion>
-    <FCSMinorVersion>11</FCSMinorVersion>
+    <FCSMinorVersion>12</FCSMinorVersion>
     <FCSBuildVersion>$(FSBuildVersion)</FCSBuildVersion>
     <FCSRevisionVersion>$(FSRevisionVersion)</FCSRevisionVersion>
     <FSharpCompilerServicePackageVersion>$(FCSMajorVersion).$(FCSMinorVersion).$(FCSBuildVersion)</FSharpCompilerServicePackageVersion>
@@ -42,14 +42,14 @@
     <FSharpLibrariesChangelogVersion>$(FSMajorVersion).$(FSMinorVersion).$(FSBuildVersion)</FSharpLibrariesChangelogVersion>
     <!-- -->
     <!-- The current published nuget package -->
-    <FSharpCoreShippedPackageVersionValue>10.0.100</FSharpCoreShippedPackageVersionValue>
+    <FSharpCoreShippedPackageVersionValue>10.0.101</FSharpCoreShippedPackageVersionValue>
     <!-- -->
     <!-- The pattern for specifying the preview package -->
     <FSharpCorePreviewPackageVersionValue>$(FSCorePackageVersionValue)-$(PreReleaseVersionLabel).*</FSharpCorePreviewPackageVersionValue>
     <!-- -->
     <!-- FSharp tools for Visual Studio version number -->
     <FSToolsMajorVersion>15</FSToolsMajorVersion>
-    <FSToolsMinorVersion>1</FSToolsMinorVersion>
+    <FSToolsMinorVersion>2</FSToolsMinorVersion>
     <FSToolsBuildVersion>$(FSBuildVersion)</FSToolsBuildVersion>
     <FSToolsRevisionVersion>$(FSRevisionVersion)</FSToolsRevisionVersion>
     <FSProductVersionPrefix>$(FSToolsMajorVersion).$(FSToolsMinorVersion).$(FSToolsBuildVersion)</FSProductVersionPrefix>
@@ -59,7 +59,7 @@
   <PropertyGroup>
     <!-- These have to be in sync with latest release branch -->
     <VSMajorVersion>18</VSMajorVersion>
-    <VSMinorVersion>3</VSMinorVersion>
+    <VSMinorVersion>4</VSMinorVersion>
     <VSGeneralVersion>$(VSMajorVersion).0</VSGeneralVersion>
     <VSAssemblyVersionPrefix>$(VSMajorVersion).$(VSMinorVersion).0</VSAssemblyVersionPrefix>
     <VSAssemblyVersion>$(VSAssemblyVersionPrefix).0</VSAssemblyVersion>
diff --git a/src/Compiler/Driver/FxResolver.fs b/src/Compiler/Driver/FxResolver.fs
index c504d4cb77..d98f002b18 100644
--- a/src/Compiler/Driver/FxResolver.fs
+++ b/src/Compiler/Driver/FxResolver.fs
@@ -412,7 +412,7 @@ type internal FxResolver
 
         match runningTfmOpt with
         | Some tfm -> tfm
-        | _ -> if isRunningOnCoreClr then "net10.0" else "net472"
+        | _ -> if isRunningOnCoreClr then "net11.0" else "net472"
 
     let trySdkRefsPackDirectory =
         lazy
diff --git a/src/Compiler/Facilities/CompilerLocation.fs b/src/Compiler/Facilities/CompilerLocation.fs
index 367a842a70..f99f9d9d4c 100644
--- a/src/Compiler/Facilities/CompilerLocation.fs
+++ b/src/Compiler/Facilities/CompilerLocation.fs
@@ -123,6 +123,7 @@ module internal FSharpEnvironment =
             |]
         elif typeof<obj>.Assembly.GetName().Name = "System.Private.CoreLib" then
             [|
+                "net11.0"
                 "net10.0"
                 "net9.0"
                 "net8.0"
diff --git a/src/Compiler/Facilities/LanguageFeatures.fs b/src/Compiler/Facilities/LanguageFeatures.fs
index 09fbf5e599..9d1f4819a8 100644
--- a/src/Compiler/Facilities/LanguageFeatures.fs
+++ b/src/Compiler/Facilities/LanguageFeatures.fs
@@ -117,10 +117,11 @@ type LanguageVersion(versionText) =
     static let languageVersion80 = 8.0m
     static let languageVersion90 = 9.0m
     static let languageVersion100 = 10.0m
+    static let languageVersion110 = 11.0m
     static let previewVersion = 9999m // Language version when preview specified
-    static let defaultVersion = languageVersion100 // Language version when default specified
+    static let defaultVersion = languageVersion110 // Language version when default specified
     static let latestVersion = defaultVersion // Language version when latest specified
-    static let latestMajorVersion = languageVersion100 // Language version when latestmajor specified
+    static let latestMajorVersion = languageVersion110 // Language version when latestmajor specified
 
     static let validOptions = [| "preview"; "default"; "latest"; "latestmajor" |]
 
@@ -135,6 +136,7 @@ type LanguageVersion(versionText) =
                 languageVersion80
                 languageVersion90
                 languageVersion100
+                languageVersion110
             |]
 
     static let features =
@@ -241,6 +243,12 @@ type LanguageVersion(versionText) =
                 LanguageFeature.ReturnFromFinal, languageVersion100
                 LanguageFeature.ErrorOnInvalidDeclsInTypeDefinitions, languageVersion100
 
+                // F# 11.0
+                // Put stabilized features here for F# 11.0 previews via .NET SDK preview channels
+
+                // Difference between languageVersion110 and preview - 11.0 gets turned on automatically by picking a preview .NET 11 SDK
+                // previewVersion is only when "preview" is specified explicitly in project files  and users also need a preview SDK
+
                 // F# preview (still preview in 10.0)
                 LanguageFeature.FromEndSlicing, previewVersion // Unfinished features --- needs work
             ]
@@ -268,6 +276,8 @@ type LanguageVersion(versionText) =
         | "9" -> languageVersion90
         | "10.0"
         | "10" -> languageVersion100
+        | "11.0"
+        | "11" -> languageVersion110
         | _ -> 0m
 
     let specified = getVersionFromString versionText
diff --git a/tests/fsharpqa/Source/CompilerOptions/fsi/langversion/langversionhelp.437.1033.bsl b/tests/fsharpqa/Source/CompilerOptions/fsi/langversion/langversionhelp.437.1033.bsl
index 0aa857e7a0..5bd37c4319 100644
--- a/tests/fsharpqa/Source/CompilerOptions/fsi/langversion/langversionhelp.437.1033.bsl
+++ b/tests/fsharpqa/Source/CompilerOptions/fsi/langversion/langversionhelp.437.1033.bsl
@@ -10,4 +10,5 @@ latestmajor
 7.0
 8.0
 9.0
-10.0 (Default)
\ No newline at end of file
+10.0
+11.0 (Default)