diff --git a/ruby/src/otel/layer/Gemfile b/ruby/src/otel/layer/Gemfile
index 086a42854a..7cb86e46dd 100644
--- a/ruby/src/otel/layer/Gemfile
+++ b/ruby/src/otel/layer/Gemfile
@@ -1,5 +1,5 @@
 source 'https://rubygems.org'
 
-gem 'opentelemetry-sdk', '~> 1.11.0'
-gem 'opentelemetry-exporter-otlp', '~> 0.33.0'
+gem 'opentelemetry-sdk', '~> 1.12.0'
+gem 'opentelemetry-exporter-otlp', '~> 0.34.0'
 gem 'opentelemetry-instrumentation-all', '~> 0.93.0'