diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 5e76f1a5f179..a6b410ce4e21 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -302,22 +302,22 @@
       <Uri>https://github.com/dotnet/runtime</Uri>
       <Sha>9197fd555152762b2f400459d46cb14ad741bf75</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="8.0.0-beta.22630.1">
+    <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="8.0.0-beta.23055.3">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>e82404fca08383513e0b0b3c5308d4a9b18b7c7a</Sha>
+      <Sha>7502a87ca569989008d3acef120b614604b6805f</Sha>
       <SourceBuild RepoName="arcade" ManagedOnly="true" />
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="8.0.0-beta.22630.1">
+    <Dependency Name="Microsoft.DotNet.Build.Tasks.Installers" Version="8.0.0-beta.23055.3">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>e82404fca08383513e0b0b3c5308d4a9b18b7c7a</Sha>
+      <Sha>7502a87ca569989008d3acef120b614604b6805f</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Build.Tasks.Templating" Version="8.0.0-beta.22630.1">
+    <Dependency Name="Microsoft.DotNet.Build.Tasks.Templating" Version="8.0.0-beta.23055.3">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>e82404fca08383513e0b0b3c5308d4a9b18b7c7a</Sha>
+      <Sha>7502a87ca569989008d3acef120b614604b6805f</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.DotNet.Helix.Sdk" Version="8.0.0-beta.22630.1">
+    <Dependency Name="Microsoft.DotNet.Helix.Sdk" Version="8.0.0-beta.23055.3">
       <Uri>https://github.com/dotnet/arcade</Uri>
-      <Sha>e82404fca08383513e0b0b3c5308d4a9b18b7c7a</Sha>
+      <Sha>7502a87ca569989008d3acef120b614604b6805f</Sha>
     </Dependency>
   </ToolsetDependencies>
 </Dependencies>
diff --git a/eng/Versions.props b/eng/Versions.props
index 9e43fb88dc9e..bd4c452391b2 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -135,8 +135,8 @@
     <MicrosoftEntityFrameworkCoreVersion>8.0.0-alpha.1.23056.1</MicrosoftEntityFrameworkCoreVersion>
     <MicrosoftEntityFrameworkCoreDesignVersion>8.0.0-alpha.1.23056.1</MicrosoftEntityFrameworkCoreDesignVersion>
     <!-- Packages from dotnet/arcade -->
-    <MicrosoftDotNetBuildTasksInstallersVersion>8.0.0-beta.22630.1</MicrosoftDotNetBuildTasksInstallersVersion>
-    <MicrosoftDotNetBuildTasksTemplatingVersion>8.0.0-beta.22630.1</MicrosoftDotNetBuildTasksTemplatingVersion>
+    <MicrosoftDotNetBuildTasksInstallersVersion>8.0.0-beta.23055.3</MicrosoftDotNetBuildTasksInstallersVersion>
+    <MicrosoftDotNetBuildTasksTemplatingVersion>8.0.0-beta.23055.3</MicrosoftDotNetBuildTasksTemplatingVersion>
     <!-- Packages from dotnet/source-build-externals -->
     <MicrosoftSourceBuildIntermediatesourcebuildexternalsVersion>8.0.0-alpha.1.22615.1</MicrosoftSourceBuildIntermediatesourcebuildexternalsVersion>
     <!-- Packages from dotnet/xdt -->
diff --git a/eng/common/templates/job/source-index-stage1.yml b/eng/common/templates/job/source-index-stage1.yml
index 09c506d11855..71b66aeb8a5c 100644
--- a/eng/common/templates/job/source-index-stage1.yml
+++ b/eng/common/templates/job/source-index-stage1.yml
@@ -1,6 +1,6 @@
 parameters:
   runAsPublic: false
-  sourceIndexPackageVersion: 1.0.1-20220804.1
+  sourceIndexPackageVersion: 1.0.1-20221220.2
   sourceIndexPackageSource: https://pkgs.dev.azure.com/dnceng/public/_packaging/dotnet-tools/nuget/v3/index.json
   sourceIndexBuildCommand: powershell -NoLogo -NoProfile -ExecutionPolicy Bypass -Command "eng/common/build.ps1 -restore -build -binarylog -ci"
   preSteps: []
@@ -40,10 +40,10 @@ jobs:
     - ${{ preStep }}
 
   - task: UseDotNet@2
-    displayName: Use .NET Core sdk 3.1
+    displayName: Use .NET Core SDK 6
     inputs:
       packageType: sdk
-      version: 3.1.x
+      version: 6.0.x
       installationPath: $(Agent.TempDirectory)/dotnet
       workingDirectory: $(Agent.TempDirectory)
 
diff --git a/eng/common/tools.ps1 b/eng/common/tools.ps1
index 1a8c16c56e56..7caacc6de2e1 100644
--- a/eng/common/tools.ps1
+++ b/eng/common/tools.ps1
@@ -581,7 +581,7 @@ function InitializeBuildTool() {
       ExitWithExitCode 1
     }
     $dotnetPath = Join-Path $dotnetRoot (GetExecutableFileName 'dotnet')
-    $buildTool = @{ Path = $dotnetPath; Command = 'msbuild'; Tool = 'dotnet'; Framework = 'net7.0' }
+    $buildTool = @{ Path = $dotnetPath; Command = 'msbuild'; Tool = 'dotnet'; Framework = 'net8.0' }
   } elseif ($msbuildEngine -eq "vs") {
     try {
       $msbuildPath = InitializeVisualStudioMSBuild -install:$restore
@@ -743,6 +743,8 @@ function MSBuild() {
       (Join-Path $basePath (Join-Path netcoreapp2.1 'Microsoft.DotNet.Arcade.Sdk.dll'))
       (Join-Path $basePath (Join-Path netcoreapp3.1 'Microsoft.DotNet.ArcadeLogging.dll')),
       (Join-Path $basePath (Join-Path netcoreapp3.1 'Microsoft.DotNet.Arcade.Sdk.dll'))
+      (Join-Path $basePath (Join-Path net7.0 'Microsoft.DotNet.ArcadeLogging.dll')),
+      (Join-Path $basePath (Join-Path net7.0 'Microsoft.DotNet.Arcade.Sdk.dll'))
     )
     $selectedPath = $null
     foreach ($path in $possiblePaths) {
diff --git a/eng/common/tools.sh b/eng/common/tools.sh
index 2f27d7453cd4..cf9fb1ea2d32 100755
--- a/eng/common/tools.sh
+++ b/eng/common/tools.sh
@@ -312,7 +312,7 @@ function InitializeBuildTool {
   # return values
   _InitializeBuildTool="$_InitializeDotNetCli/dotnet"
   _InitializeBuildToolCommand="msbuild"
-  _InitializeBuildToolFramework="net7.0"
+  _InitializeBuildToolFramework="net8.0"
 }
 
 # Set RestoreNoCache as a workaround for https://github.com/NuGet/Home/issues/3116
@@ -428,6 +428,8 @@ function MSBuild {
     possiblePaths+=( "$toolset_dir/netcoreapp2.1/Microsoft.DotNet.Arcade.Sdk.dll" )
     possiblePaths+=( "$toolset_dir/netcoreapp3.1/Microsoft.DotNet.ArcadeLogging.dll" )
     possiblePaths+=( "$toolset_dir/netcoreapp3.1/Microsoft.DotNet.Arcade.Sdk.dll" )
+    possiblePaths+=( "$toolset_dir/net7.0/Microsoft.DotNet.ArcadeLogging.dll" )
+    possiblePaths+=( "$toolset_dir/net7.0/Microsoft.DotNet.Arcade.Sdk.dll" )
     for path in "${possiblePaths[@]}"; do
       if [[ -f $path ]]; then
         selectedPath=$path
diff --git a/global.json b/global.json
index dd810f15653d..17a119bfa118 100644
--- a/global.json
+++ b/global.json
@@ -1,9 +1,9 @@
 {
   "sdk": {
-    "version": "8.0.100-alpha.1.22531.1"
+    "version": "8.0.100-alpha.1.23055.1"
   },
   "tools": {
-    "dotnet": "8.0.100-alpha.1.22531.1",
+    "dotnet": "8.0.100-alpha.1.23055.1",
     "runtimes": {
       "dotnet/x86": [
         "$(MicrosoftNETCoreBrowserDebugHostTransportVersion)"
@@ -27,7 +27,7 @@
   },
   "msbuild-sdks": {
     "Yarn.MSBuild": "1.22.10",
-    "Microsoft.DotNet.Arcade.Sdk": "8.0.0-beta.22630.1",
-    "Microsoft.DotNet.Helix.Sdk": "8.0.0-beta.22630.1"
+    "Microsoft.DotNet.Arcade.Sdk": "8.0.0-beta.23055.3",
+    "Microsoft.DotNet.Helix.Sdk": "8.0.0-beta.23055.3"
   }
 }