diff --git a/Makefile b/Makefile
index 29698ea..501c676 100644
--- a/Makefile
+++ b/Makefile
@@ -7,7 +7,7 @@ REGISTRY_HOSTNAME=registry.terraform.io
 NAMESPACE=mkdev-me
 NAME=openai
 BINARY=terraform-provider-${NAME}
-VERSION=1.1.2
+VERSION=1.2.0-rc.1
 OS_ARCH=darwin_arm64
 
 default: install