diff --git a/CHANGELOG.md b/CHANGELOG.md
index b6e7b33fdb..fb2b7382d0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## 1.14.0 (Unreleased)
+## 1.14.0-alpha20250827 (August 27, 2025)
 
 
 ENHANCEMENTS:
@@ -8,6 +8,13 @@ ENHANCEMENTS:
 * terraform test: ignore prevent_destroy attribute during when cleaning up tests" ([#37364](https://github.com/hashicorp/terraform/issues/37364))
 
 
+UPGRADE NOTES:
+
+* The parallelism of Terraform operations within container runtimes may be reduced depending on the CPU bandwidth limit setting. ([#37436](https://github.com/hashicorp/terraform/issues/37436))
+
+* Building Terraform 1.14 requires macOS Monterey or later (due to being built on Go 1.25 which imposes these requirements) ([#37436](https://github.com/hashicorp/terraform/issues/37436))
+
+
 EXPERIMENTS:
 
 Experiments are only enabled in alpha releases of Terraform CLI. The following features are not yet available in stable releases.
diff --git a/version/VERSION b/version/VERSION
index 2f2e08cfa3..2c04b85c11 100644
--- a/version/VERSION
+++ b/version/VERSION
@@ -1 +1 @@
-1.14.0-dev
+1.14.0-alpha20250827