diff --git a/sdk/contentunderstanding/azure-ai-contentunderstanding/CHANGELOG.md b/sdk/contentunderstanding/azure-ai-contentunderstanding/CHANGELOG.md
index afe7cfc1c5bf..716adb87dad8 100644
--- a/sdk/contentunderstanding/azure-ai-contentunderstanding/CHANGELOG.md
+++ b/sdk/contentunderstanding/azure-ai-contentunderstanding/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.2.0b3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.2.0b2 (2026-06-10)
 
 ### Bugs Fixed
diff --git a/sdk/contentunderstanding/azure-ai-contentunderstanding/azure/ai/contentunderstanding/_version.py b/sdk/contentunderstanding/azure-ai-contentunderstanding/azure/ai/contentunderstanding/_version.py
index a8cca866f40a..c04584b58b20 100644
--- a/sdk/contentunderstanding/azure-ai-contentunderstanding/azure/ai/contentunderstanding/_version.py
+++ b/sdk/contentunderstanding/azure-ai-contentunderstanding/azure/ai/contentunderstanding/_version.py
@@ -6,4 +6,4 @@
 # Changes may cause incorrect behavior and will be lost if the code is regenerated.
 # --------------------------------------------------------------------------
 
-VERSION = "1.2.0b2"
+VERSION = "1.2.0b3"