diff --git a/CHANGELOG.md b/CHANGELOG.md
index 957cadc999..2cc5c4bf8a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,20 @@ 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
+
+### Changed
+
+### Deprecated
+
+### Removed
+
+### Fixed
+
+### Maintenance
+
 ## [0.23.0] - Oct. 22, 2026
 
 This release extends the SYCL interface exposed by `dpctl` in several directions: `dpctl.compiler.SyclKernelBundle` objects can now be built from SYCL source strings via the DPC++ `kernel_compiler` extension, SPIR-V specialization constants are supported, USM-device allocations can be shared between processes using the SYCL IPC memory extension, and `dpctl.SyclQueue` gained `copy`, `memset`, and `fill` methods along with their asynchronous counterparts. The package can now be used with free-threaded builds of CPython 3.14 and supports Python 3.15. The `dpctl.program` submodule is deprecated in favor of `dpctl.compiler`, which better describes its purpose.
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0d27c9d6c3..594dd0bc24 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required(VERSION 3.21...3.27 FATAL_ERROR)
 
 project(dpctl
-    VERSION 0.23
+    VERSION 0.24
     LANGUAGES CXX
     DESCRIPTION "Python interface for XPU programming"
 )