diff --git a/packages/next/migrations.json b/packages/next/migrations.json
index 2650b23a3056c..580e6d3749530 100644
--- a/packages/next/migrations.json
+++ b/packages/next/migrations.json
@@ -256,6 +256,31 @@
           "alwaysAddToPackageJson": false
         }
       }
+    },
+    "14.2.3": {
+      "version": "14.2.3-beta.0",
+      "packages": {
+        "next": {
+          "version": "12.1.6",
+          "alwaysAddToPackageJson": false
+        },
+        "eslint-config-next": {
+          "version": "12.1.6",
+          "alwaysAddToPackageJson": false
+        },
+        "sass": {
+          "version": "1.52.3",
+          "alwaysAddToPackageJson": false
+        },
+        "less-loader": {
+          "version": "11.0.0",
+          "alwaysAddToPackageJson": false
+        },
+        "stylus-loader": {
+          "version": "7.0.0",
+          "alwaysAddToPackageJson": false
+        }
+      }
     }
   }
 }
diff --git a/packages/next/src/utils/versions.ts b/packages/next/src/utils/versions.ts
index 6d1e844d6d8bb..3809654594a88 100644
--- a/packages/next/src/utils/versions.ts
+++ b/packages/next/src/utils/versions.ts
@@ -1,9 +1,9 @@
 export const nxVersion = require('../../package.json').version;
 
-export const nextVersion = '12.1.5';
-export const eslintConfigNextVersion = '12.1.5';
-export const sassVersion = '1.43.2';
-export const lessLoader = '10.2.0';
-export const stylusLoader = '6.2.0';
+export const nextVersion = '12.1.6';
+export const eslintConfigNextVersion = '12.1.6';
+export const sassVersion = '1.52.3';
+export const lessLoader = '11.0.0';
+export const stylusLoader = '7.0.0';
 export const emotionServerVersion = '11.4.0';
 export const babelPluginStyledComponentsVersion = '1.10.7';