diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8e8ffef..fea14f2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,8 @@ BREAKING CHANGES:
 
 ENHANCEMENTS:
 * Drop support for GPU workers on Spark
+* resource/hopsworksai_cluster: Set Default `version` to 3.4.0
+
 FEATURES:
 
 BUG FIXES:
diff --git a/docs/resources/cluster.md b/docs/resources/cluster.md
index 046bebc..58723e0 100644
--- a/docs/resources/cluster.md
+++ b/docs/resources/cluster.md
@@ -124,7 +124,7 @@ resource "hopsworksai_cluster" "cluster" {
 - `tags` (Map of String) The list of custom tags to be attached to the cluster.
 - `timeouts` (Block, Optional) (see [below for nested schema](#nestedblock--timeouts))
 - `update_state` (String) The action you can use to start or stop the cluster. It has to be one of these values [none, start, stop]. Defaults to `none`.
-- `version` (String) The version of the cluster. For existing clusters, you can change this attribute to upgrade to a newer version of Hopsworks. If the upgrade process ended up in an error state, you can always rollback to the old version by resetting this attribute to the old version. Defaults to `3.3.0`.
+- `version` (String) The version of the cluster. For existing clusters, you can change this attribute to upgrade to a newer version of Hopsworks. If the upgrade process ended up in an error state, you can always rollback to the old version by resetting this attribute to the old version. Defaults to `3.4.0`.
 - `workers` (Block Set) The configurations of worker nodes. You can add as many as you want of this block to create workers with different configurations. (see [below for nested schema](#nestedblock--workers))
 
 ### Read-Only
diff --git a/hopsworksai/resource_cluster.go b/hopsworksai/resource_cluster.go
index 6d55577..31731c5 100644
--- a/hopsworksai/resource_cluster.go
+++ b/hopsworksai/resource_cluster.go
@@ -116,7 +116,7 @@ func clusterSchema() map[string]*schema.Schema {
 			Description: "The version of the cluster. For existing clusters, you can change this attribute to upgrade to a newer version of Hopsworks. If the upgrade process ended up in an error state, you can always rollback to the old version by resetting this attribute to the old version.",
 			Type:        schema.TypeString,
 			Optional:    true,
-			Default:     "3.3.0",
+			Default:     "3.4.0",
 		},
 		"head": {
 			Description: "The configurations of the head node of the cluster.",