diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 94124d32ea..2a7042a5dd 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "1.49.0"
+    ".": "1.50.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 53e1884e47..683a1d2ec5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,29 @@
 # Changelog
 
+## [1.50.0](https://github.com/googleapis/python-aiplatform/compare/v1.49.0...v1.50.0) (2024-05-02)
+
+
+### Features
+
+* Add `Candidate.grounding_metadata` property ([b22a8b8](https://github.com/googleapis/python-aiplatform/commit/b22a8b847e3b299b828e37405e3678093486de28))
+* Add option to not include time_series_metrics in get_experiment_df call. This will improve execution time for Experiments with large number of runs. ([78a95c5](https://github.com/googleapis/python-aiplatform/commit/78a95c52d0e7bd9ec5b656ce67044b2f01677156))
+* Add tune_model and deploy_tuned_model for TextEmbeddingModel. ([42f5d6f](https://github.com/googleapis/python-aiplatform/commit/42f5d6f7cd13d51c4a73113c59e8b3c728cfc08b))
+* Automatically populate parents for full resource name in Vertex RAG SDK ([26657ff](https://github.com/googleapis/python-aiplatform/commit/26657ffd25ecb91882ca764e513c2e952833257f))
+* Deploy a tuned text embedding model -- it doesn't matter, if it's tuned using Node.js, or curl. ([8ca9cdf](https://github.com/googleapis/python-aiplatform/commit/8ca9cdf3576e3ce3b373ace4cd6ab0e9c54aa9f2))
+* Make get_embeddings work both for foundational & tuned models. ([b8b589c](https://github.com/googleapis/python-aiplatform/commit/b8b589ce9fff29d1721450d32b4a84a7f69413c3))
+* Python SDK for Vertex Model Monitoring V2. ([021d59f](https://github.com/googleapis/python-aiplatform/commit/021d59f1487e4e16c847d4135899d6845c0210aa))
+* Support public endpoint for Ray Client ([57a5f78](https://github.com/googleapis/python-aiplatform/commit/57a5f7815ffb8523e91d900da4ff7cfd0c344fe4))
+
+
+### Bug Fixes
+
+* Add deprecation warnings when using Ray v2.4 ([3a36784](https://github.com/googleapis/python-aiplatform/commit/3a367843840513e3257610c8ab38e9f79d3bcea0))
+* Append allowed_plugins in tb-gcp-uploader to default allowed plugins ([aab9c3e](https://github.com/googleapis/python-aiplatform/commit/aab9c3e41b92a1d60090e3d1d594390a5e9f3ff6))
+* LLM - Added missing parameters to the no-op `_TunableTextEmbeddingModelMixin.get_tuned_model` method ([eb05ac4](https://github.com/googleapis/python-aiplatform/commit/eb05ac421f186441a92c6e3b6a010d74caf14782))
+* LVM - Fixed the typo in the VisionModel aspect ratio type annotation ([2d19137](https://github.com/googleapis/python-aiplatform/commit/2d1913773cf9f4a4f8a2c8c8f45680c3ea97f68e))
+* Move torch import ([e6d34df](https://github.com/googleapis/python-aiplatform/commit/e6d34df7da7508c655eb17ee694e1ab2160fc8aa))
+* Ray - Fixed exception when using Ray 2.4 ([2661f52](https://github.com/googleapis/python-aiplatform/commit/2661f52fd08169e5d29b58f2afce9702b30101ae))
+
 ## [1.49.0](https://github.com/googleapis/python-aiplatform/compare/v1.48.0...v1.49.0) (2024-04-27)
 
 
diff --git a/google/cloud/aiplatform/gapic_version.py b/google/cloud/aiplatform/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/gapic_version.py
+++ b/google/cloud/aiplatform/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/instance/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/instance/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/instance/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/instance/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/instance_v1/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/instance_v1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/instance_v1/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/instance_v1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/params/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/params/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/params/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/params/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/params_v1/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/params_v1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/params_v1/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/params_v1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/prediction/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/prediction/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/prediction/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/prediction/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/predict/prediction_v1/gapic_version.py b/google/cloud/aiplatform/v1/schema/predict/prediction_v1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/predict/prediction_v1/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/predict/prediction_v1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/trainingjob/definition/gapic_version.py b/google/cloud/aiplatform/v1/schema/trainingjob/definition/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/trainingjob/definition/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/trainingjob/definition/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1/schema/trainingjob/definition_v1/gapic_version.py b/google/cloud/aiplatform/v1/schema/trainingjob/definition_v1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1/schema/trainingjob/definition_v1/gapic_version.py
+++ b/google/cloud/aiplatform/v1/schema/trainingjob/definition_v1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/instance/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/instance/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/instance/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/instance/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/instance_v1beta1/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/instance_v1beta1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/instance_v1beta1/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/instance_v1beta1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/params/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/params/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/params/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/params/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/params_v1beta1/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/params_v1beta1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/params_v1beta1/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/params_v1beta1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/prediction/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/prediction/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/prediction/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/prediction/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/predict/prediction_v1beta1/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/predict/prediction_v1beta1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/predict/prediction_v1beta1/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/predict/prediction_v1beta1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition_v1beta1/gapic_version.py b/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition_v1beta1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition_v1beta1/gapic_version.py
+++ b/google/cloud/aiplatform/v1beta1/schema/trainingjob/definition_v1beta1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform/version.py b/google/cloud/aiplatform/version.py
index 5f3bd3ab54..1af552a3c1 100644
--- a/google/cloud/aiplatform/version.py
+++ b/google/cloud/aiplatform/version.py
@@ -15,4 +15,4 @@
 # limitations under the License.
 #
 
-__version__ = "1.49.0"
+__version__ = "1.50.0"
diff --git a/google/cloud/aiplatform_v1/gapic_version.py b/google/cloud/aiplatform_v1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform_v1/gapic_version.py
+++ b/google/cloud/aiplatform_v1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/google/cloud/aiplatform_v1beta1/gapic_version.py b/google/cloud/aiplatform_v1beta1/gapic_version.py
index 41b5da9439..39995f175a 100644
--- a/google/cloud/aiplatform_v1beta1/gapic_version.py
+++ b/google/cloud/aiplatform_v1beta1/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "1.49.0"  # {x-release-please-version}
+__version__ = "1.50.0"  # {x-release-please-version}
diff --git a/pypi/_vertex_ai_placeholder/version.py b/pypi/_vertex_ai_placeholder/version.py
index 78cddd4821..de799ba97d 100644
--- a/pypi/_vertex_ai_placeholder/version.py
+++ b/pypi/_vertex_ai_placeholder/version.py
@@ -15,4 +15,4 @@
 # limitations under the License.
 #
 
-__version__ = "1.49.0"
+__version__ = "1.50.0"
diff --git a/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1.json b/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1.json
index 5234f5f287..39acefe786 100644
--- a/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1.json
+++ b/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1.json
@@ -8,7 +8,7 @@
     ],
     "language": "PYTHON",
     "name": "google-cloud-aiplatform",
-    "version": "1.49.0"
+    "version": "1.50.0"
   },
   "snippets": [
     {
diff --git a/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1beta1.json b/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1beta1.json
index 27545fcbc8..79deba42e4 100644
--- a/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1beta1.json
+++ b/samples/generated_samples/snippet_metadata_google.cloud.aiplatform.v1beta1.json
@@ -8,7 +8,7 @@
     ],
     "language": "PYTHON",
     "name": "google-cloud-aiplatform",
-    "version": "1.49.0"
+    "version": "1.50.0"
   },
   "snippets": [
     {