diff --git a/CHANGELOG.md b/CHANGELOG.md
index dddbc24d..913f4d92 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # NVIDIA Container Toolkit Changelog
 
+## v1.13.4
+* [toolkit-container] Bump CUDA base image version to 12.2.0.
+
 ## v1.13.3
 
 * Generate CDI specification files with `644` permissions to allow rootless applications (e.g. podman).
diff --git a/third_party/libnvidia-container b/third_party/libnvidia-container
index f21fbe1a..31e068e7 160000
--- a/third_party/libnvidia-container
+++ b/third_party/libnvidia-container
@@ -1 +1 @@
-Subproject commit f21fbe1a5f831936aab2796ebd08f5fb6d6c2df3
+Subproject commit 31e068e7ab3e2294a379cbf11cc7a99281f41b66
diff --git a/versions.mk b/versions.mk
index c73269b3..010ed079 100644
--- a/versions.mk
+++ b/versions.mk
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 LIB_NAME := nvidia-container-toolkit
-LIB_VERSION := 1.13.3
+LIB_VERSION := 1.13.4
 LIB_TAG :=
 
 # The package version is the combination of the library version and tag.
@@ -30,7 +30,7 @@ NVIDIA_CONTAINER_RUNTIME_VERSION := 3.13.0
 # Specify the expected libnvidia-container0 version for arm64-based ubuntu builds.
 LIBNVIDIA_CONTAINER0_VERSION := 0.10.0+jetpack
 
-CUDA_VERSION := 12.1.1
+CUDA_VERSION := 12.2.0
 GOLANG_VERSION := 1.20.3
 
 GIT_COMMIT ?= $(shell git describe --match="" --dirty --long --always --abbrev=40 2> /dev/null || echo "")