diff --git a/Cargo.lock b/Cargo.lock
index cb6c7ab5ea..020daaa107 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9704,7 +9704,7 @@ dependencies = [
 
 [[package]]
 name = "zed"
-version = "0.120.0"
+version = "0.121.0"
 dependencies = [
  "activity_indicator",
  "ai",
diff --git a/crates/zed/Cargo.toml b/crates/zed/Cargo.toml
index dedab12cd5..9203392cf4 100644
--- a/crates/zed/Cargo.toml
+++ b/crates/zed/Cargo.toml
@@ -2,7 +2,7 @@
 description = "The fast, collaborative code editor."
 edition = "2021"
 name = "zed"
-version = "0.120.0"
+version = "0.121.0"
 publish = false
 license = "GPL-3.0-only"