diff --git a/sdk/azcore/CHANGELOG.md b/sdk/azcore/CHANGELOG.md
index b13fd45ae720..06a1f1d82ff9 100644
--- a/sdk/azcore/CHANGELOG.md
+++ b/sdk/azcore/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.7.0-beta.3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.7.0-beta.2 (2023-06-06)
 
 ### Breaking Changes
diff --git a/sdk/azcore/internal/shared/constants.go b/sdk/azcore/internal/shared/constants.go
index 3123c3c506cc..fbd26952a8e9 100644
--- a/sdk/azcore/internal/shared/constants.go
+++ b/sdk/azcore/internal/shared/constants.go
@@ -36,5 +36,5 @@ const (
 	Module = "azcore"
 
 	// Version is the semantic version (see http://semver.org) of this module.
-	Version = "v1.7.0-beta.2"
+	Version = "v1.7.0-beta.3"
 )