Updated CHANGELOG.md and version.py (#47036)

* Update CHANGELOG.md

* Update _version.py

* Update CHANGELOG.md

* Update CHANGELOG.md

* Update CHANGELOG.md

---------

Co-authored-by: lavakumarrepala <v-rlava@microsoft.com>
Co-authored-by: Jayesh Tanna <tanna.jay90@gmail.com>

Author: 3 people

sdk/ml/azure-ai-ml/CHANGELOG.md

@@ -1,6 +1,6 @@
 # Release History
 
-## 1.33.0 (unreleased)
+## 1.34.0 (unreleased)
 
 ### Features Added
 
@@ -11,7 +11,20 @@
 
 ### Other Changes
 
-## 1.32.0 (unreleased)
+## 1.33.0 (2026-05-11)
+
+### Features Added
+
+### Bugs Fixed
+
+- Removing deployment templates experimental warning while initializing.
+- Resolving next-pylint 4.0.5 issues for azure-ai-ml sdk and updating. 
+- Update Major Version Checker due to setup removal. 
+- Path traversal protection in unzip to temp file.
+
+### Other Changes
+
+## 1.32.0 (2026-03-17)
 
 ### Features Added
 

sdk/ml/azure-ai-ml/azure/ai/ml/_version.py

@@ -2,4 +2,4 @@
 # Copyright (c) Microsoft Corporation. All rights reserved.
 # ---------------------------------------------------------
 
-VERSION = "1.33.0"
+VERSION = "1.34.0"