diff --git a/WORKSPACE b/WORKSPACE
index 656fdba4c2b..20aa282ef06 100644
--- a/WORKSPACE
+++ b/WORKSPACE
@@ -52,9 +52,9 @@ http_archive(
         "//openxla_patches:quant_dequant_converter.diff",
         "//openxla_patches:stablehlo_quant_seralization.diff",
     ],
-    strip_prefix = "xla-9708d9059a62a908474302c00f31dcac0e0fcb3b",
+    strip_prefix = "xla-c08cfb0377e4e33a21bde65950f986a21c8a8199",
     urls = [
-        "https://github.com/openxla/xla/archive/9708d9059a62a908474302c00f31dcac0e0fcb3b.tar.gz",
+        "https://github.com/openxla/xla/archive/c08cfb0377e4e33a21bde65950f986a21c8a8199.tar.gz",
     ],
 )
 
diff --git a/setup.py b/setup.py
index b997490f36c..200cd8da53a 100644
--- a/setup.py
+++ b/setup.py
@@ -65,7 +65,7 @@
 
 base_dir = os.path.dirname(os.path.abspath(__file__))
 
-_libtpu_version = '0.1.dev20240118'
+_libtpu_version = '0.1.dev20240124'
 _libtpu_storage_path = f'https://storage.googleapis.com/cloud-tpu-tpuvm-artifacts/wheels/libtpu-nightly/libtpu_nightly-{_libtpu_version}-py3-none-any.whl'