diff --git a/CHANGELOG.md b/CHANGELOG.md
index 225d546..3105f1d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-# Release 0.33.0-dev
+# Release 0.34.0
 
 ### New features since last release
 
@@ -25,14 +25,6 @@
 * Use new `backend` field to specify `qpu`.
   [(#81)](https://github.com/PennyLaneAI/PennyLane-IonQ/pull/81)
 
-### Breaking changes 💔
-
-### Deprecations 👋
-
-### Documentation 📝
-
-### Bug fixes 🐛
-
 ### Contributors ✍️
 
 This release contains contributions from (in alphabetical order):
diff --git a/pennylane_ionq/_version.py b/pennylane_ionq/_version.py
index 4e6a936..f3fcfbf 100644
--- a/pennylane_ionq/_version.py
+++ b/pennylane_ionq/_version.py
@@ -16,4 +16,4 @@
    Version number (major.minor.patch[-label])
 """
 
-__version__ = "0.33.0-dev"
+__version__ = "0.34.0"