diff --git a/README.md b/README.md
index a0a8af5913..efdaac9685 100644
--- a/README.md
+++ b/README.md
@@ -6,7 +6,7 @@
 [![Join the chat at https://gitter.im/Microsoft/pai](https://badges.gitter.im/Microsoft/pai.svg)](https://gitter.im/Microsoft/pai?utm_source=badge&utm_medium=badge&utm_campaign=pr-badge&utm_content=badge)
 [![Version](https://img.shields.io/github/release/Microsoft/pai.svg)](https://github.com/Microsoft/pai/releases/latest)
 
-**OpenPAI [v1.4.0](./RELEASE_NOTE.md#Dec-2020-version-140) has been released!**
+**OpenPAI [v1.4.1](./RELEASE_NOTE.md#Dec-2020-version-141) has been released!**
 
 With the release of v1.0, OpenPAI is switching to a more robust, more powerful and lightweight architecture. OpenPAI is also becoming more and more modular so that the platform can be easily customized and expanded to suit new needs. OpenPAI also provides many AI user-friendly features, making it easier for end users and administrators to complete daily AI tasks.
 
diff --git a/RELEASE_NOTE.md b/RELEASE_NOTE.md
index 9ca8123f55..7aa5e17254 100644
--- a/RELEASE_NOTE.md
+++ b/RELEASE_NOTE.md
@@ -1,5 +1,12 @@
 # OpenPAI Release Note
 
+## Dec 2020 (version 1.4.1)
+
+- Marketplace
+  - Fix initializing blob data issue (#5189)
+- Log Collection
+    - Fix getting wrong log for retried task & frontend crash issue (#5190)
+
 ## Dec 2020 (version 1.4.0)
 
 - multi-cluster (https://github.com/microsoft/pai/issues/4929)
diff --git a/docs/manual/cluster-admin/installation-guide.md b/docs/manual/cluster-admin/installation-guide.md
index 7ba4d47639..4f80a21433 100644
--- a/docs/manual/cluster-admin/installation-guide.md
+++ b/docs/manual/cluster-admin/installation-guide.md
@@ -103,7 +103,7 @@ openpai-004,10.0.0.4
 user: <your-ssh-username>
 password: <your-ssh-password>
 branch_name: pai-1.4.y
-docker_image_tag: v1.4.0
+docker_image_tag: v1.4.1
 
 # Optional
 
diff --git a/docs_zh_CN/manual/cluster-admin/installation-guide.md b/docs_zh_CN/manual/cluster-admin/installation-guide.md
index 37781f7a8e..c5b6cc9725 100644
--- a/docs_zh_CN/manual/cluster-admin/installation-guide.md
+++ b/docs_zh_CN/manual/cluster-admin/installation-guide.md
@@ -103,7 +103,7 @@ openpai-004,10.0.0.4
 user: <your-ssh-username>
 password: <your-ssh-password>
 branch_name: pai-1.4.y
-docker_image_tag: v1.4.0
+docker_image_tag: v1.4.1
 
 # Optional
 
diff --git a/version/PAI.VERSION b/version/PAI.VERSION
index 0d0c52f84d..66d62a8001 100644
--- a/version/PAI.VERSION
+++ b/version/PAI.VERSION
@@ -1 +1 @@
-v1.4.0
+v1.4.1