diff --git a/sdk/ai/azure-ai-projects/CHANGELOG.md b/sdk/ai/azure-ai-projects/CHANGELOG.md
index 4c8384d88d48..7005f2420f14 100644
--- a/sdk/ai/azure-ai-projects/CHANGELOG.md
+++ b/sdk/ai/azure-ai-projects/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 2.0.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 2.0.0 (2026-03-06)
 
 First stable release of the client library that uses the Generally Available (GA) version "v1" of the Foundry REST APIs.
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 8f2350dd3b0c..38c04a589ff2 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 = "2.0.0"
+VERSION = "2.0.1"