diff --git a/sdk/ai/azure-ai-projects/CHANGELOG.md b/sdk/ai/azure-ai-projects/CHANGELOG.md
index 1a9678a699f2..ddbe7b867bc5 100644
--- a/sdk/ai/azure-ai-projects/CHANGELOG.md
+++ b/sdk/ai/azure-ai-projects/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 2.0.0b2 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 2.0.0b1 (2025-11-11)
 
 ### Features added
diff --git a/sdk/ai/azure-ai-projects/azure/ai/projects/_version.py b/sdk/ai/azure-ai-projects/azure/ai/projects/_version.py
index 0e00a6283246..8eb37199ee54 100644
--- a/sdk/ai/azure-ai-projects/azure/ai/projects/_version.py
+++ b/sdk/ai/azure-ai-projects/azure/ai/projects/_version.py
@@ -6,4 +6,4 @@
 # Changes may cause incorrect behavior and will be lost if the code is regenerated.
 # --------------------------------------------------------------------------
 
-VERSION = "2.0.0b1"
+VERSION = "2.0.0b2"