diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3074c7e066..3d16c02dbc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,14 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [dev] - XXX. XX, XXXX
+
+### Added
+
+### Change
+
+### Fixed
+
 ## [0.22.0] - Apr. 14, 2026
 
 The highlight of this release is the full migration of `dpctl.tensor` submodule to sister project [`dpnp`](https://github.com/IntelPython/dpnp), shrinking the size of the package tremendously, by between 93% and 96%. The `__sycl_usm_array_interface__` is still supported, with `dpctl` serving as curator of the protocol.
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0dabdc4a4c..7ef8113778 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required(VERSION 3.21...3.27 FATAL_ERROR)
 
 project(dpctl
-    VERSION 0.22
+    VERSION 0.23
     LANGUAGES CXX
     DESCRIPTION "Python interface for XPU programming"
 )