diff --git a/packages/torchcodec-xpu/version.txt b/packages/torchcodec-xpu/version.txt
index 54d1a4f..a803cc2 100644
--- a/packages/torchcodec-xpu/version.txt
+++ b/packages/torchcodec-xpu/version.txt
@@ -1 +1 @@
-0.13.0
+0.14.0
diff --git a/pyproject.toml b/pyproject.toml
index e29bc25..301a0fc 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "torchlib-xpu"
-version = "0.1.0"
+version = "0.2.0"
 description = "Intel® XPU Library for PyTorch* Ecosystem Projects"
 readme = "README.md"
 requires-python = ">=3.10"