diff --git a/tensorflow/core/public/version.h b/tensorflow/core/public/version.h
index e63ca48863f..29ef17c540c 100644
--- a/tensorflow/core/public/version.h
+++ b/tensorflow/core/public/version.h
@@ -21,12 +21,12 @@ limitations under the License.
 // Also update tensorflow/tensorflow.bzl and
 // tensorflow/tools/pip_package/setup.py
 #define TF_MAJOR_VERSION 2
-#define TF_MINOR_VERSION 2
+#define TF_MINOR_VERSION 3
 #define TF_PATCH_VERSION 0
 
 // TF_VERSION_SUFFIX is non-empty for pre-releases (e.g. "-alpha", "-alpha.1",
 // "-beta", "-rc", "-rc.1")
-#define TF_VERSION_SUFFIX ""
+#define TF_VERSION_SUFFIX "-rc0"
 
 #define TF_STR_HELPER(x) #x
 #define TF_STR(x) TF_STR_HELPER(x)
diff --git a/tensorflow/tensorflow.bzl b/tensorflow/tensorflow.bzl
index 4a4f8837867..7a5e26fc712 100644
--- a/tensorflow/tensorflow.bzl
+++ b/tensorflow/tensorflow.bzl
@@ -59,7 +59,7 @@ load(
 # not contain rc or alpha, only numbers.
 # Also update tensorflow/core/public/version.h
 # and tensorflow/tools/pip_package/setup.py
-VERSION = "2.2.0"
+VERSION = "2.3.0"
 VERSION_MAJOR = VERSION.split(".")[0]
 
 # Sanitize a dependency so that it works correctly from code that includes
diff --git a/tensorflow/tools/pip_package/setup.py b/tensorflow/tools/pip_package/setup.py
index 42233f80c1c..f8d96d9ecde 100644
--- a/tensorflow/tools/pip_package/setup.py
+++ b/tensorflow/tools/pip_package/setup.py
@@ -49,7 +49,7 @@ from setuptools.dist import Distribution
 # result for pip.
 # Also update tensorflow/tensorflow.bzl and
 # tensorflow/core/public/version.h
-_VERSION = '2.2.0'
+_VERSION = '2.3.0-rc0'
 
 REQUIRED_PACKAGES = [
     'absl-py >= 0.7.0',