diff --git a/src/machinelearningservices/CHANGELOG.rst b/src/machinelearningservices/CHANGELOG.rst
index 6d786917f80..a9d384b386a 100644
--- a/src/machinelearningservices/CHANGELOG.rst
+++ b/src/machinelearningservices/CHANGELOG.rst
@@ -1,4 +1,6 @@
-## Azure Machine Learning CLI (v2) (unreleased)
+## 2025-08-27
+
+### Azure Machine Learning CLI (v2) v 2.39.0
 - `az ml compute update`
   - Fix a bug compute update which caused Enable SSO property to reset.
 - `az ml compute connect-ssh`
diff --git a/src/machinelearningservices/azext_mlv2/manual/requirements.txt b/src/machinelearningservices/azext_mlv2/manual/requirements.txt
index 1fd972ed1e9..83eef209ca5 100644
--- a/src/machinelearningservices/azext_mlv2/manual/requirements.txt
+++ b/src/machinelearningservices/azext_mlv2/manual/requirements.txt
@@ -2,4 +2,4 @@ cryptography
 docker
 azure-mgmt-resourcegraph<9.0.0,>=2.0.0
 azure-identity==1.17.1
-azure-ai-ml==1.28.1
\ No newline at end of file
+azure-ai-ml==1.29.0
\ No newline at end of file
diff --git a/src/machinelearningservices/setup.py b/src/machinelearningservices/setup.py
index b53c622be57..46e07d728a3 100644
--- a/src/machinelearningservices/setup.py
+++ b/src/machinelearningservices/setup.py
@@ -10,7 +10,7 @@
 from setuptools import setup, find_packages
 
 # HISTORY.rst entry.
-VERSION = '2.38.1'
+VERSION = '2.39.0'
 
 # The full list of classifiers is available at
 # https://pypi.python.org/pypi?%3Aaction=list_classifiers