diff --git a/pkgs/development/python-modules/openai/default.nix b/pkgs/development/python-modules/openai/default.nix
index c1af50e582de..82688e240206 100644
--- a/pkgs/development/python-modules/openai/default.nix
+++ b/pkgs/development/python-modules/openai/default.nix
@@ -25,7 +25,7 @@
 
 buildPythonPackage rec {
   pname = "openai";
-  version = "1.33.0";
+  version = "1.34.0";
   pyproject = true;
 
   disabled = pythonOlder "3.7.1";
@@ -34,7 +34,7 @@ buildPythonPackage rec {
     owner = "openai";
     repo = "openai-python";
     rev = "refs/tags/v${version}";
-    hash = "sha256-vnIkShEi5ilcrf4DhP33mKijFgb3bfIxoO6vt5VL1MM=";
+    hash = "sha256-ES0lA/eMll35MhL1evegyp5VOIdHPTRF1Jckl+n250E=";
   };
 
   build-system = [