diff --git a/BUILD b/BUILD
index f96930947a3..79fadd1ccdd 100644
--- a/BUILD
+++ b/BUILD
@@ -213,7 +213,7 @@ python_config_settings()
 # This should be updated along with build_handwritten.yaml
 g_stands_for = "grand"  # @unused
 
-core_version = "37.0.0"  # @unused
+core_version = "38.0.0"  # @unused
 
 version = "1.61.0-dev"  # @unused
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 36bd85d7849..3724caf8f5b 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -26,8 +26,8 @@ cmake_minimum_required(VERSION 3.8)
 
 set(PACKAGE_NAME          "grpc")
 set(PACKAGE_VERSION       "1.61.0-dev")
-set(gRPC_CORE_VERSION     "37.0.0")
-set(gRPC_CORE_SOVERSION   "37")
+set(gRPC_CORE_VERSION     "38.0.0")
+set(gRPC_CORE_SOVERSION   "38")
 set(gRPC_CPP_VERSION      "1.61.0-dev")
 set(gRPC_CPP_SOVERSION    "1.61")
 set(PACKAGE_STRING        "${PACKAGE_NAME} ${PACKAGE_VERSION}")
diff --git a/Makefile b/Makefile
index fe3e7eb6442..615d63bb368 100644
--- a/Makefile
+++ b/Makefile
@@ -410,7 +410,7 @@ E = @echo
 Q = @
 endif
 
-CORE_VERSION = 37.0.0
+CORE_VERSION = 38.0.0
 CPP_VERSION = 1.61.0-dev
 
 CPPFLAGS_NO_ARCH += $(addprefix -I, $(INCLUDES)) $(addprefix -D, $(DEFINES))
@@ -447,7 +447,7 @@ SHARED_EXT_CORE = dll
 SHARED_EXT_CPP = dll
 
 SHARED_PREFIX =
-SHARED_VERSION_CORE = -37
+SHARED_VERSION_CORE = -38
 SHARED_VERSION_CPP = -1
 else ifeq ($(SYSTEM),Darwin)
 EXECUTABLE_SUFFIX =
@@ -818,8 +818,8 @@ $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE):
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)address_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBADDRESS_SORTING_OBJS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libaddress_sorting.so.37 -o $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBADDRESS_SORTING_OBJS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)address_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libaddress_sorting.so.38 -o $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBADDRESS_SORTING_OBJS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)address_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)address_sorting$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libaddress_sorting$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -943,8 +943,8 @@ $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(LIBGPR_OB
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)gpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGPR_OBJS) $(GRPC_ABSEIL_MERGE_LIBS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgpr.so.37 -o $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGPR_OBJS) $(GRPC_ABSEIL_MERGE_LIBS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)gpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgpr.so.38 -o $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGPR_OBJS) $(GRPC_ABSEIL_MERGE_LIBS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)gpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)gpr$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgpr$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -1861,8 +1861,8 @@ $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(LIBGRPC_
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)grpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libre2.a $(LIBDIR)/$(CONFIG)/libupb_textformat_lib.a $(LIBDIR)/$(CONFIG)/libupb_json_lib.a $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(OPENSSL_MERGE_LIBS) $(LDLIBS_SECURE) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgrpc.so.37 -o $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libre2.a $(LIBDIR)/$(CONFIG)/libupb_textformat_lib.a $(LIBDIR)/$(CONFIG)/libupb_json_lib.a $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(OPENSSL_MERGE_LIBS) $(LDLIBS_SECURE) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)grpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgrpc.so.38 -o $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libre2.a $(LIBDIR)/$(CONFIG)/libupb_textformat_lib.a $(LIBDIR)/$(CONFIG)/libupb_json_lib.a $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(OPENSSL_MERGE_LIBS) $(LDLIBS_SECURE) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)grpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)grpc$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2382,8 +2382,8 @@ $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)grpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_UNSECURE_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgrpc_unsecure.so.37 -o $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_UNSECURE_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)grpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libgrpc_unsecure.so.38 -o $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBGRPC_UNSECURE_OBJS) $(LIBDIR)/$(CONFIG)/libaddress_sorting.a $(LIBDIR)/$(CONFIG)/libgpr.a $(GRPC_ABSEIL_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libcares.a $(ZLIB_MERGE_LIBS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)grpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)grpc_unsecure$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libgrpc_unsecure$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2449,8 +2449,8 @@ $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(LIBRE2_OB
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)re2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBRE2_OBJS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libre2.so.37 -o $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBRE2_OBJS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)re2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libre2.so.38 -o $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBRE2_OBJS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)re2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)re2$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libre2$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2495,8 +2495,8 @@ $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)upb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_BASE_LIB_OBJS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_base_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_BASE_LIB_OBJS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)upb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_base_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_BASE_LIB_OBJS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)upb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)upb_base_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_base_lib$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2575,8 +2575,8 @@ $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)upb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_JSON_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_json_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_JSON_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)upb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_json_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_JSON_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)upb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)upb_json_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_json_lib$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2622,8 +2622,8 @@ $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE): $(L
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)upb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MEM_LIB_OBJS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_mem_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MEM_LIB_OBJS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)upb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_mem_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MEM_LIB_OBJS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)upb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)upb_mem_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_mem_lib$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2675,8 +2675,8 @@ $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE):
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)upb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MESSAGE_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_message_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MESSAGE_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)upb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_message_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_MESSAGE_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)upb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)upb_message_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_message_lib$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2754,8 +2754,8 @@ $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_COR
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)upb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_TEXTFORMAT_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_textformat_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_TEXTFORMAT_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)upb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libupb_textformat_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUPB_TEXTFORMAT_LIB_OBJS) $(LIBDIR)/$(CONFIG)/libutf8_range_lib.a $(LIBDIR)/$(CONFIG)/libupb_message_lib.a $(LIBDIR)/$(CONFIG)/libupb_mem_lib.a $(LIBDIR)/$(CONFIG)/libupb_base_lib.a $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)upb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)upb_textformat_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libupb_textformat_lib$(SHARED_VERSION_CORE).so
 endif
 endif
@@ -2802,8 +2802,8 @@ $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE):
 ifeq ($(SYSTEM),Darwin)
 	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -install_name $(SHARED_PREFIX)utf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) -dynamiclib -o $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUTF8_RANGE_LIB_OBJS) $(LDLIBS)
 else
-	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libutf8_range_lib.so.37 -o $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUTF8_RANGE_LIB_OBJS) $(LDLIBS)
-	$(Q) ln -sf $(SHARED_PREFIX)utf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).so.37
+	$(Q) $(LDXX) $(LDFLAGS) -L$(LIBDIR)/$(CONFIG) -shared -Wl,-soname,libutf8_range_lib.so.38 -o $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBUTF8_RANGE_LIB_OBJS) $(LDLIBS)
+	$(Q) ln -sf $(SHARED_PREFIX)utf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).so.38
 	$(Q) ln -sf $(SHARED_PREFIX)utf8_range_lib$(SHARED_VERSION_CORE).$(SHARED_EXT_CORE) $(LIBDIR)/$(CONFIG)/libutf8_range_lib$(SHARED_VERSION_CORE).so
 endif
 endif
diff --git a/build_config.rb b/build_config.rb
index a0dce5c6bc8..90c78c31080 100644
--- a/build_config.rb
+++ b/build_config.rb
@@ -13,5 +13,5 @@
 # limitations under the License.
 
 module GrpcBuildConfig
-  CORE_WINDOWS_DLL = '/tmp/libs/opt/grpc-37.dll'
+  CORE_WINDOWS_DLL = '/tmp/libs/opt/grpc-38.dll'
 end
diff --git a/build_handwritten.yaml b/build_handwritten.yaml
index 10356ca094d..711c0fd8177 100644
--- a/build_handwritten.yaml
+++ b/build_handwritten.yaml
@@ -12,7 +12,7 @@ settings:
   '#08': Use "-preN" suffixes to identify pre-release versions
   '#09': Per-language overrides are possible with (eg) ruby_version tag here
   '#10': See the expand_version.py for all the quirks here
-  core_version: 37.0.0
+  core_version: 38.0.0
   csharp_major_version: 2
   g_stands_for: grand
   protobuf_version: 3.25.1
diff --git a/src/core/lib/surface/version.cc b/src/core/lib/surface/version.cc
index 8e4af533e16..591154eee07 100644
--- a/src/core/lib/surface/version.cc
+++ b/src/core/lib/surface/version.cc
@@ -23,6 +23,6 @@
 
 #include <grpc/grpc.h>
 
-const char* grpc_version_string(void) { return "37.0.0"; }
+const char* grpc_version_string(void) { return "38.0.0"; }
 
 const char* grpc_g_stands_for(void) { return "grand"; }
diff --git a/src/objective-c/tests/version.h b/src/objective-c/tests/version.h
index f9576295fb4..f60138dafdc 100644
--- a/src/objective-c/tests/version.h
+++ b/src/objective-c/tests/version.h
@@ -23,4 +23,4 @@
 // `tools/buildgen/generate_projects.sh`.
 
 #define GRPC_OBJC_VERSION_STRING @"1.61.0-dev"
-#define GRPC_C_VERSION_STRING @"37.0.0"
+#define GRPC_C_VERSION_STRING @"38.0.0"
diff --git a/tools/doxygen/Doxyfile.core b/tools/doxygen/Doxyfile.core
index ea13ee565fd..00ab6d496c2 100644
--- a/tools/doxygen/Doxyfile.core
+++ b/tools/doxygen/Doxyfile.core
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Core"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 37.0.0
+PROJECT_NUMBER         = 38.0.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/tools/doxygen/Doxyfile.core.internal b/tools/doxygen/Doxyfile.core.internal
index fcfa3664029..cbc40815ef4 100644
--- a/tools/doxygen/Doxyfile.core.internal
+++ b/tools/doxygen/Doxyfile.core.internal
@@ -40,7 +40,7 @@ PROJECT_NAME           = "GRPC Core"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 37.0.0
+PROJECT_NUMBER         = 38.0.0
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a