diff --git a/CHANGELOG.md b/CHANGELOG.md
index f12a7d4165..236c3ca08e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,14 @@
+# 1.75.0-beta0 (Jan 10, 2025)
+* Support for Cloud logs
+    - **Datasources**
+        - ibm_logs_stream
+        - ibm_logs_streams
+    - **Resources**
+        - ibm_logs_stream
+* Support for Power System
+    - **Datasources**
+        - ibm_pi_instance_snapshot
+       
 # 1.74.0 (Jan 09, 2025)
 * Support for Power System
     - **Datasources**
diff --git a/version/version.go b/version/version.go
index 32df067f81..cbdf76ec80 100644
--- a/version/version.go
+++ b/version/version.go
@@ -5,7 +5,7 @@ import (
 )
 
 // Version is the current provider main version
-const Version = "1.74.0"
+const Version = "1.75.0-beta0"
 
 // GitCommit is the git commit that was compiled. This will be filled in by the compiler.
 var GitCommit string