diff --git a/ludwig/globals.py b/ludwig/globals.py
index 199f3188af2..2e8c8f82217 100644
--- a/ludwig/globals.py
+++ b/ludwig/globals.py
@@ -14,7 +14,7 @@
 # limitations under the License.
 # ==============================================================================
 
-LUDWIG_VERSION = "0.10.2.dev"
+LUDWIG_VERSION = "0.10.3.dev"
 
 MODEL_FILE_NAME = "model"
 MODEL_WEIGHTS_FILE_NAME = "model_weights"
diff --git a/setup.py b/setup.py
index 7525011c58c..f285107fa76 100644
--- a/setup.py
+++ b/setup.py
@@ -49,7 +49,7 @@
 
 setup(
     name="ludwig",
-    version="0.10.2.dev",
+    version="0.10.3.dev",
     description="Declarative machine learning: End-to-end machine learning pipelines using data-driven configurations.",
     long_description=long_description,
     long_description_content_type="text/markdown",