diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index da59f99e..2aca35ae 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.4.0"
+  ".": "0.5.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9275574e..d71d4b52 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Changelog
 
+## 0.5.0 (2024-11-25)
+
+Full Changelog: [v0.4.0...v0.5.0](https://github.com/openai/openai-java/compare/v0.4.0...v0.5.0)
+
+### Features
+
+* **client:** add logging when debug env is set ([#18](https://github.com/openai/openai-java/issues/18)) ([017aae7](https://github.com/openai/openai-java/commit/017aae7a1795fe933e0ea9e8ee2c8d059c6746f4))
+
+
+### Documentation
+
+* add note that we're in alpha ([#19](https://github.com/openai/openai-java/issues/19)) ([d49cc28](https://github.com/openai/openai-java/commit/d49cc28f0a621df658a3c83a880735ebd7cc1acc))
+* **readme:** add Microsoft Azure section ([#17](https://github.com/openai/openai-java/issues/17)) ([8f8165f](https://github.com/openai/openai-java/commit/8f8165fd33780e3ee0609df7e7e171c8e7f10029))
+* swap example from `.completions()` to `.chat().completions()` ([#20](https://github.com/openai/openai-java/issues/20)) ([f0423a7](https://github.com/openai/openai-java/commit/f0423a7e9e20d5c1e528077fbb4e87baa822079a))
+
+
+### Styles
+
+* **internal:** reorder some params methods and improve consistency of implementations ([#15](https://github.com/openai/openai-java/issues/15)) ([8592cda](https://github.com/openai/openai-java/commit/8592cdad178325e3a8994ef44e854ee5b4853c45))
+
 ## 0.4.0 (2024-11-21)
 
 Full Changelog: [v0.3.0...v0.4.0](https://github.com/openai/openai-java/compare/v0.3.0...v0.4.0)
diff --git a/README.md b/README.md
index 9f6a7fe4..662c37e4 100644
--- a/README.md
+++ b/README.md
@@ -7,7 +7,7 @@
 
 <!-- x-release-please-start-version -->
 
-[![Maven Central](https://img.shields.io/maven-central/v/com.openai/openai-java)](https://central.sonatype.com/artifact/com.openai/openai-java/0.4.0)
+[![Maven Central](https://img.shields.io/maven-central/v/com.openai/openai-java)](https://central.sonatype.com/artifact/com.openai/openai-java/0.5.0)
 
 <!-- x-release-please-end -->
 
@@ -30,7 +30,7 @@ The REST API documentation can be found on [platform.openai.com](https://platfo
 <!-- x-release-please-start-version -->
 
 ```kotlin
-implementation("com.openai:openai-java:0.4.0")
+implementation("com.openai:openai-java:0.5.0")
 ```
 
 #### Maven
@@ -39,7 +39,7 @@ implementation("com.openai:openai-java:0.4.0")
 <dependency>
     <groupId>com.openai</groupId>
     <artifactId>openai-java</artifactId>
-    <version>0.4.0</version>
+    <version>0.5.0</version>
 </dependency>
 ```
 
diff --git a/build.gradle.kts b/build.gradle.kts
index 855ac122..bd927c56 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -4,7 +4,7 @@ plugins {
 
 allprojects {
     group = "com.openai"
-    version = "0.4.0" // x-release-please-version
+    version = "0.5.0" // x-release-please-version
 }
 
 nexusPublishing {