diff --git a/Cargo.lock b/Cargo.lock
index 91352e30fcad..92eba94aab75 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -41,7 +41,7 @@ dependencies = [
 
 [[package]]
 name = "aim-downloader"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "async-stream",
  "clap",
@@ -2103,7 +2103,7 @@ dependencies = [
 
 [[package]]
 name = "http-api-bindings"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-openai",
@@ -2766,7 +2766,7 @@ checksum = "01cda141df6706de531b6c46c3a33ecca755538219bd484262fa09410c13539c"
 
 [[package]]
 name = "llama-cpp-server"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -3339,7 +3339,7 @@ dependencies = [
 
 [[package]]
 name = "ollama-api-bindings"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-stream",
@@ -5350,7 +5350,7 @@ dependencies = [
 
 [[package]]
 name = "tabby"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "assert-json-diff",
@@ -5403,7 +5403,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-common"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -5425,7 +5425,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-db"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "assert_matches",
@@ -5442,7 +5442,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-db-macros"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "quote",
  "syn 2.0.52",
@@ -5450,7 +5450,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-download"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "aim-downloader",
  "anyhow",
@@ -5462,7 +5462,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-git"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "assert_matches",
@@ -5483,7 +5483,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-inference"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-stream",
@@ -5497,7 +5497,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-scheduler"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-stream",
@@ -5539,7 +5539,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-schema"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -5563,7 +5563,7 @@ dependencies = [
 
 [[package]]
 name = "tabby-webserver"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 dependencies = [
  "anyhow",
  "apalis",
diff --git a/Cargo.toml b/Cargo.toml
index 76d7581ad13d..e567c87bf647 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -20,7 +20,7 @@ members = [
 ]
 
 [workspace.package]
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 edition = "2021"
 authors = ["TabbyML Team"]
 homepage = "https://github.com/TabbyML/tabby"
diff --git a/crates/tabby-download/Cargo.toml b/crates/tabby-download/Cargo.toml
index 0e7989c87941..737d95a0f7dc 100644
--- a/crates/tabby-download/Cargo.toml
+++ b/crates/tabby-download/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "tabby-download"
-version = "0.12.0-dev.0"
+version = "0.12.0-rc.0"
 edition = "2021"
 
 [dependencies]