diff --git a/keras_nlp/src/version_utils.py b/keras_nlp/src/version_utils.py
index a2128273e1..27357ae574 100644
--- a/keras_nlp/src/version_utils.py
+++ b/keras_nlp/src/version_utils.py
@@ -15,7 +15,7 @@
 from keras_nlp.src.api_export import keras_nlp_export
 
 # Unique source of truth for the version number.
-__version__ = "0.10.0"
+__version__ = "0.12.0.dev0"
 
 
 @keras_nlp_export("keras_nlp.version")