diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7fd8979e..3d4af35d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## [0.34.1-alpha](https://github.com/instill-ai/model-backend/compare/v0.34.0-alpha...v0.34.1-alpha) (2024-12-22)
+
+
+### Bug Fixes
+
+* **mod:** update golang.org/x/net module to fix vulnerability issue ([19f7527](https://github.com/instill-ai/model-backend/commit/19f7527add36e7ee4d2463619b6fcfa4d78ad22a))
+* **ray:** fix "GPU" tag deployment ([29f83af](https://github.com/instill-ai/model-backend/commit/29f83af44bb091631dcee9c68117a5103ef2a505))
+
 ## [0.34.0-alpha](https://github.com/instill-ai/model-backend/compare/v0.33.1-alpha...v0.34.0-alpha) (2024-12-16)
 
 
diff --git a/release-please/manifest.json b/release-please/manifest.json
index 10a2a4dd..6e560028 100644
--- a/release-please/manifest.json
+++ b/release-please/manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.34.0-alpha"
+  ".": "0.34.1-alpha"
 }