diff --git a/sdk/azidentity/CHANGELOG.md b/sdk/azidentity/CHANGELOG.md
index dcb243c96dfe..f6b2fad5ad65 100644
--- a/sdk/azidentity/CHANGELOG.md
+++ b/sdk/azidentity/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.8.0-beta.3 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.8.0-beta.2 (2024-08-06)
 
 ### Breaking Changes
diff --git a/sdk/azidentity/version.go b/sdk/azidentity/version.go
index 1afa47987809..fdb2c5bc72f4 100644
--- a/sdk/azidentity/version.go
+++ b/sdk/azidentity/version.go
@@ -14,5 +14,5 @@ const (
 	module = "github.com/Azure/azure-sdk-for-go/sdk/" + component
 
 	// Version is the semantic version (see http://semver.org) of this module.
-	version = "v1.8.0-beta.2"
+	version = "v1.8.0-beta.3"
 )