Bump to v1

[sankalpbhatia]

Summary

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Testing Done

Related Issues

PR Overview

• [ ] This PR requires new unit tests [y/n] (make sure tests are included)
• [ ] This PR requires to update the documentation [y/n] (make sure the docs are up-to-date)
• [ ] This PR is backwards compatible [y/n]
• [ ] This PR changes the current API [y/n]