diff --git a/CHANGELOG.md b/CHANGELOG.md
index 72793eda..cdb05094 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,15 @@
+## [[12.3.4]](https://github.com/Clarifai/clarifai-python/releases/tag/12.3.4) - [PyPI](https://pypi.org/project/clarifai/12.3.4/) - 2026-03-26
+
+### Added
+- Added `VLLMOpenAIModelClass` parent class with cancellation support and health probes [(#998)](https://github.com/Clarifai/clarifai-python/pull/998)
+- Added clarifai Skills installation [(#1003)](https://github.com/Clarifai/clarifai-python/pull/1003)
+
+### Changed
+- Streamlined overhead in SSE stream [(#988)](https://github.com/Clarifai/clarifai-python/pull/988)
+
+### Fixed
+- Fixed minor local-runner issue [(#999)](https://github.com/Clarifai/clarifai-python/pull/999)
+
 ## [[12.3.3]](https://github.com/Clarifai/clarifai-python/releases/tag/12.3.3) - [PyPI](https://pypi.org/project/clarifai/12.3.3/) - 2026-03-18
 
 ### Added
diff --git a/clarifai/__init__.py b/clarifai/__init__.py
index 59fbc6db..d7982007 100644
--- a/clarifai/__init__.py
+++ b/clarifai/__init__.py
@@ -1 +1 @@
-__version__ = "12.3.3"
+__version__ = "12.3.4"