diff --git a/.changes/1.33.1.json b/.changes/1.33.1.json
new file mode 100644
index 000000000000..2c5fcc1c7b31
--- /dev/null
+++ b/.changes/1.33.1.json
@@ -0,0 +1,22 @@
+[
+  {
+    "category": "``ec2``",
+    "description": "U7i instances with up to 32 TiB of DDR5 memory and 896 vCPUs are now available. C7i-flex instances are launched and are lower-priced variants of the Amazon EC2 C7i instances that offer a baseline level of CPU performance with the ability to scale up to the full compute performance 95% of the time.",
+    "type": "api-change"
+  },
+  {
+    "category": "``pipes``",
+    "description": "This release adds Timestream for LiveAnalytics as a supported target in EventBridge Pipes",
+    "type": "api-change"
+  },
+  {
+    "category": "``sagemaker``",
+    "description": "Extend DescribeClusterNode response with private DNS hostname and IP address, and placement information about availability zone and availability zone ID.",
+    "type": "api-change"
+  },
+  {
+    "category": "``taxsettings``",
+    "description": "Initial release of AWS Tax Settings API",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 2cd823913e14..9e749cdc40cf 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,15 @@
 CHANGELOG
 =========
 
+1.33.1
+======
+
+* api-change:``ec2``: U7i instances with up to 32 TiB of DDR5 memory and 896 vCPUs are now available. C7i-flex instances are launched and are lower-priced variants of the Amazon EC2 C7i instances that offer a baseline level of CPU performance with the ability to scale up to the full compute performance 95% of the time.
+* api-change:``pipes``: This release adds Timestream for LiveAnalytics as a supported target in EventBridge Pipes
+* api-change:``sagemaker``: Extend DescribeClusterNode response with private DNS hostname and IP address, and placement information about availability zone and availability zone ID.
+* api-change:``taxsettings``: Initial release of AWS Tax Settings API
+
+
 1.33.0
 ======
 
diff --git a/awscli/__init__.py b/awscli/__init__.py
index 5f7fcd738bd6..7e22bfed924e 100644
--- a/awscli/__init__.py
+++ b/awscli/__init__.py
@@ -17,7 +17,7 @@
 """
 import os
 
-__version__ = '1.33.0'
+__version__ = '1.33.1'
 
 #
 # Get our data path to be added to botocore's search path
diff --git a/doc/source/conf.py b/doc/source/conf.py
index c9006cab92d4..3da39e4aabd4 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -52,7 +52,7 @@
 # The short X.Y version.
 version = '1.33'
 # The full version, including alpha/beta/rc tags.
-release = '1.33.0'
+release = '1.33.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.cfg b/setup.cfg
index 5096b624ac29..61033535e3fb 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-        botocore==1.34.118
+        botocore==1.34.119
         docutils>=0.10,<0.17
         s3transfer>=0.10.0,<0.11.0
         PyYAML>=3.10,<6.1
diff --git a/setup.py b/setup.py
index 4f359f657e54..bf8694025f8a 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@ def find_version(*file_paths):
 
 
 install_requires = [
-    'botocore==1.34.118',
+    'botocore==1.34.119',
     'docutils>=0.10,<0.17',
     's3transfer>=0.10.0,<0.11.0',
     'PyYAML>=3.10,<6.1',