diff --git a/CHANGELOG.md b/CHANGELOG.md
index ab4b2ac..90e1d57 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,13 @@ 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).
 
+## [0.1.12-alpha] - unreleased
+
+This is an alpha version! The changes listed here are not final.
+
+### Changed
+- Updated package dependencies.
+
 ## [0.1.11] - 2023-10-10
 ### Changed
 - Updated package dependencies. [#33428]
@@ -140,6 +147,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Updated package dependencies. [#31659]
 - Updated package dependencies. [#31785]
 
+[0.1.12-alpha]: https://github.com/Automattic/jetpack-ai-client/compare/v0.1.11...v0.1.12-alpha
 [0.1.11]: https://github.com/Automattic/jetpack-ai-client/compare/v0.1.10...v0.1.11
 [0.1.10]: https://github.com/Automattic/jetpack-ai-client/compare/v0.1.9...v0.1.10
 [0.1.9]: https://github.com/Automattic/jetpack-ai-client/compare/v0.1.8...v0.1.9
diff --git a/package.json b/package.json
index 5edc307..fd3dbf7 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
 	"private": false,
 	"name": "@automattic/jetpack-ai-client",
-	"version": "0.1.11",
+	"version": "0.1.12-alpha",
 	"description": "A JS client for consuming Jetpack AI services",
 	"homepage": "https://github.com/Automattic/jetpack/tree/HEAD/projects/js-packages/ai-client/#readme",
 	"bugs": {
@@ -21,9 +21,9 @@
 	},
 	"type": "module",
 	"devDependencies": {
-		"@storybook/addon-actions": "7.1.0",
-		"@storybook/blocks": "7.1.0",
-		"@storybook/react": "7.1.0",
+		"@storybook/addon-actions": "7.4.6",
+		"@storybook/blocks": "7.4.6",
+		"@storybook/react": "7.4.6",
 		"jest": "^29.6.2",
 		"jest-environment-jsdom": "29.5.0",
 		"typescript": "5.0.4"