diff --git a/package-lock.json b/package-lock.json
index 9f05480b28ca..df14a9a6e5f0 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "python",
-    "version": "2023.5.0-dev",
+    "version": "2023.5.0-rc",
     "lockfileVersion": 2,
     "requires": true,
     "packages": {
         "": {
             "name": "python",
-            "version": "2023.5.0-dev",
+            "version": "2023.5.0-rc",
             "license": "MIT",
             "dependencies": {
                 "@iarna/toml": "^2.2.5",
@@ -129,7 +129,7 @@
                 "yargs": "^15.3.1"
             },
             "engines": {
-                "vscode": "^1.76.0"
+                "vscode": "^1.77.0-20230309"
             }
         },
         "node_modules/@azure/abort-controller": {
diff --git a/package.json b/package.json
index cb06f5e6a519..dbccd7619334 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "python",
     "displayName": "Python",
     "description": "IntelliSense (Pylance), Linting, Debugging (multi-threaded, remote), Jupyter Notebooks, code formatting, refactoring, unit tests, and more.",
-    "version": "2023.5.0-dev",
+    "version": "2023.5.0-rc",
     "featureFlags": {
         "usingNewInterpreterStorage": true
     },