diff --git a/VERSION b/VERSION
index e8eb7f11..ffcbe713 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.0.33
+1.0.34
diff --git a/docker-compose.yaml b/docker-compose.yaml
index 811eaeef..74f1f1b1 100644
--- a/docker-compose.yaml
+++ b/docker-compose.yaml
@@ -1,6 +1,6 @@
 services:
   mindsdb:
-    image: mindsdb/mindsdb:v24.10.5.0
+    image: mindsdb/mindsdb:v24.11.1.0
     ports:
       - "47334:47334"
       - "47335:47335"