diff --git a/CHANGELOG.md b/CHANGELOG.md
index f041d36bf..2c6e27ec6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [0.49.0-beta](https://github.com/instill-ai/pipeline-backend/compare/v0.48.3-beta...v0.49.0-beta) (2024-12-09)
+
+
+### Features
+
+* **pinecone:** Add rerank task for Pinecone component ([#773](https://github.com/instill-ai/pipeline-backend/issues/773)) ([e1fd611](https://github.com/instill-ai/pipeline-backend/commit/e1fd611b55a11798e5d1b5b6f52152392fe6f00f))
+* **vdp:** upload raw inputs for run log ([#904](https://github.com/instill-ai/pipeline-backend/issues/904)) ([960f4c2](https://github.com/instill-ai/pipeline-backend/commit/960f4c2c131eff9dfcfb11cc1a90237f2179192c))
+
 ## [0.48.3-beta](https://github.com/instill-ai/pipeline-backend/compare/v0.48.2-beta...v0.48.3-beta) (2024-12-04)
 
 
diff --git a/release-please/manifest.json b/release-please/manifest.json
index 315bfea2f..9df988dc7 100644
--- a/release-please/manifest.json
+++ b/release-please/manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.48.3-beta"
+  ".": "0.49.0-beta"
 }