diff --git a/backend/openedx_ai_extensions/__init__.py b/backend/openedx_ai_extensions/__init__.py
index 71a16e05..a346be24 100644
--- a/backend/openedx_ai_extensions/__init__.py
+++ b/backend/openedx_ai_extensions/__init__.py
@@ -2,4 +2,4 @@
 A experimental plugin for Open edX designed to explore AI extensibility.
 """
 
-__version__ = "2.3.2"
+__version__ = "2.4.0"
diff --git a/frontend/package.json b/frontend/package.json
index 975daed4..7dbc7234 100644
--- a/frontend/package.json
+++ b/frontend/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@openedx/openedx-ai-extensions-ui",
-  "version": "2.3.2",
+  "version": "2.4.0",
   "description": "AI Extensions UI component for Open edX utilizing Frontend Plugin Framework",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",