kvm-ok says that it is not supported

sudo kvm-ok
INFO: Your CPU does not support KVM extensions
KVM acceleration can NOT be used

Restarting after changing CPU to 'host' did the trick!

I have an AMD that supports virtualization

KVM Hardware virt is on but Docker Desktop complains it can't run

The KVM hardware virtualization option is set in the VM

Edit the Processor and select host

# kvm-ok
INFO: /dev/kvm exists
KVM acceleration can be used