diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffc14aa..c019db5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 ## [Unreleased]
 
+## [0.2.3] - 2026-07-26
+
+### Changed
+- Updated YARD to 0.9.44, Rake to 13.4.2, IRB to 1.18.0, Minitest to 6.0.6, and RuboCop to 1.88.2.
+- Updated the development dependencies after merging the complete dependency queue.
+
 ## [0.2.2] - 2026-07-12
 
 ### Changed
diff --git a/lib/reducto_ai/version.rb b/lib/reducto_ai/version.rb
index be77523..09ae757 100644
--- a/lib/reducto_ai/version.rb
+++ b/lib/reducto_ai/version.rb
@@ -2,5 +2,5 @@
 
 module ReductoAI
   # Gem version
-  VERSION = "0.2.2"
+  VERSION = "0.2.3"
 end