diff --git a/sdk/openai/openai/CHANGELOG.md b/sdk/openai/openai/CHANGELOG.md
index ef741eba4f3b..523c7f97ea06 100644
--- a/sdk/openai/openai/CHANGELOG.md
+++ b/sdk/openai/openai/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 2.0.0-beta.3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 2.0.0-beta.2 (2024-09-09)
 
 ### Features Added
diff --git a/sdk/openai/openai/package.json b/sdk/openai/openai/package.json
index 74b08bdacc9d..094e6127350b 100644
--- a/sdk/openai/openai/package.json
+++ b/sdk/openai/openai/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@azure/openai",
-  "version": "2.0.0-beta.2",
+  "version": "2.0.0-beta.3",
   "description": "A companion library to openai for Azure OpenAI.",
   "sdk-type": "client",
   "main": "./dist/commonjs/index.js",