diff --git a/sdk/ml/azure-ai-ml/CHANGELOG.md b/sdk/ml/azure-ai-ml/CHANGELOG.md
index 7fc6f4f990b1..6890cd8fc09d 100644
--- a/sdk/ml/azure-ai-ml/CHANGELOG.md
+++ b/sdk/ml/azure-ai-ml/CHANGELOG.md
@@ -1,8 +1,13 @@
 # Release History
-## 1.24.0 (unreleased)
+
+## 1.25.0 (Unreleased)
 
 ### Features Added
 
+### Bugs Fixed
+
+## 1.24.0 (2025-01-07)
+
 ### Bugs Fixed
   - Fixed disableLocalAuthentication handling while creating amlCompute
   - Fixed model download issue
diff --git a/sdk/ml/azure-ai-ml/azure/ai/ml/_version.py b/sdk/ml/azure-ai-ml/azure/ai/ml/_version.py
index 7cceda25353e..b79b8458d8dd 100644
--- a/sdk/ml/azure-ai-ml/azure/ai/ml/_version.py
+++ b/sdk/ml/azure-ai-ml/azure/ai/ml/_version.py
@@ -2,4 +2,4 @@
 # Copyright (c) Microsoft Corporation. All rights reserved.
 # ---------------------------------------------------------
 
-VERSION = "1.24.0"
+VERSION = "1.25.0"