diff --git a/cli/azd/CHANGELOG.md b/cli/azd/CHANGELOG.md
index e88802c7834..c2972b98b8a 100644
--- a/cli/azd/CHANGELOG.md
+++ b/cli/azd/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.23.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.22.0 (2025-12-02)
 
 ### Features Added
diff --git a/cli/version.txt b/cli/version.txt
index 57807d6d0d0..14ff34b1875 100644
--- a/cli/version.txt
+++ b/cli/version.txt
@@ -1 +1 @@
-1.22.0
+1.23.0-beta.1