diff --git a/versions.mk b/versions.mk
index 0ca71bca..4eb2de52 100644
--- a/versions.mk
+++ b/versions.mk
@@ -30,7 +30,7 @@ NVIDIA_CONTAINER_RUNTIME_VERSION := 3.12.0
 # Specify the expected libnvidia-container0 version for arm64-based ubuntu builds.
 LIBNVIDIA_CONTAINER0_VERSION := 0.10.0+jetpack
 
-CUDA_VERSION := 12.0.1
+CUDA_VERSION := 12.1.0
 GOLANG_VERSION := 1.18.8
 
 GIT_COMMIT ?= $(shell git describe --match="" --dirty --long --always --abbrev=40 2> /dev/null || echo "")