Hello there,
Make sure hyper v, virtual machine platform and virtualization are on.
Step 1: Go to settings > (search) turn windows feature on / off
Screenshot (7)
Step 2: If Windows Hypervisor Platform and Windows Machine Platform is unchecked, please check them, else uncheck and recheck them.
Screenshot (8)
Step 3: Reboot
Step 4: Open the terminal check, run command - wsl -l -v
should result in saying ubuntu is running in version 1/2.
The below thread discusses the same issue and you can try out some troubleshooting steps from this and see if that helps you to sort the Issue. https://github.com/microsoft/WSL/issues/8693
Hope this resolves your Query !!
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