I was testing audio playback from YouTube in Safari, and the sound was clipping heavily. At first, I thought it might be due to the poor quality of my small sound system. However, when I took a screenshot and the screenshot sound effect itself produced a loud clipping noise, it became clear that this is not a mechanical problem with my speakers, nor an issue specific to YouTube or Safari. This appears to be a system-wide audio issue in macOS Tahoe 26 - Beta 5.
Audio clipping - macOS Tahoe 26 - Beta 5
I'm facing a similar issue with my external USB audio device.