diff --git a/CHANGELOG.md b/CHANGELOG.md
index c7eacaf0..c2faa9c5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,13 @@
 
 [1]: https://pypi.org/project/google-api-core/#history
 
+## [2.24.1rc0](https://github.com/googleapis/python-api-core/compare/v2.24.0...v2.24.1rc0) (2025-01-16)
+
+
+### Bug Fixes
+
+* Resolve the issue where rpc timeout of 0 is used when timeout expires ([#776](https://github.com/googleapis/python-api-core/issues/776)) ([a5604a5](https://github.com/googleapis/python-api-core/commit/a5604a55070c6d92618d078191bf99f4c168d5f6))
+
 ## [2.24.0](https://github.com/googleapis/python-api-core/compare/v2.23.0...v2.24.0) (2024-12-06)
 
 
diff --git a/google/api_core/version.py b/google/api_core/version.py
index 84f6b464..e2df018e 100644
--- a/google/api_core/version.py
+++ b/google/api_core/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "2.24.0"
+__version__ = "2.24.1rc0"