diff --git a/components/abstractions/build.gradle b/components/abstractions/build.gradle
index eb323a3e6..021a68e6d 100644
--- a/components/abstractions/build.gradle
+++ b/components/abstractions/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/abstractions/gradle/dependencies.gradle b/components/abstractions/gradle/dependencies.gradle
index 2c924fbb3..5ae6989b4 100644
--- a/components/abstractions/gradle/dependencies.gradle
+++ b/components/abstractions/gradle/dependencies.gradle
@@ -10,7 +10,7 @@ dependencies {
     // This dependency is used internally, and not exposed to consumers on their own compile classpath.
     implementation 'com.google.guava:guava:32.1.2-jre'
     implementation 'org.javatuples:javatuples:1.2'
-    implementation 'io.opentelemetry:opentelemetry-api:1.28.0'
-    implementation 'io.opentelemetry:opentelemetry-context:1.28.0'
+    implementation 'io.opentelemetry:opentelemetry-api:1.29.0'
+    implementation 'io.opentelemetry:opentelemetry-context:1.29.0'
     implementation 'jakarta.annotation:jakarta.annotation-api:2.1.1'
 }
\ No newline at end of file
diff --git a/components/authentication/azure/build.gradle b/components/authentication/azure/build.gradle
index 5e25cdf27..48505f756 100644
--- a/components/authentication/azure/build.gradle
+++ b/components/authentication/azure/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/authentication/azure/gradle/dependencies.gradle b/components/authentication/azure/gradle/dependencies.gradle
index c81db54c7..930967f18 100644
--- a/components/authentication/azure/gradle/dependencies.gradle
+++ b/components/authentication/azure/gradle/dependencies.gradle
@@ -8,8 +8,8 @@ dependencies {
     testRuntimeOnly 'org.junit.jupiter:junit-jupiter-engine'
 
     // This dependency is used internally, and not exposed to consumers on their own compile classpath.
-    implementation 'io.opentelemetry:opentelemetry-api:1.28.0'
-    implementation 'io.opentelemetry:opentelemetry-context:1.28.0'
+    implementation 'io.opentelemetry:opentelemetry-api:1.29.0'
+    implementation 'io.opentelemetry:opentelemetry-context:1.29.0'
     implementation 'com.google.guava:guava:32.1.2-jre'
     implementation 'jakarta.annotation:jakarta.annotation-api:2.1.1'
     api 'com.azure:azure-core:1.42.0'
diff --git a/components/http/okHttp/build.gradle b/components/http/okHttp/build.gradle
index dab87bbff..99eeaa89e 100644
--- a/components/http/okHttp/build.gradle
+++ b/components/http/okHttp/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/http/okHttp/gradle/dependencies.gradle b/components/http/okHttp/gradle/dependencies.gradle
index 08f65e598..3e1ed53fd 100644
--- a/components/http/okHttp/gradle/dependencies.gradle
+++ b/components/http/okHttp/gradle/dependencies.gradle
@@ -9,9 +9,9 @@ dependencies {
 
 
     // This dependency is used internally, and not exposed to consumers on their own compile classpath.
-    implementation 'io.opentelemetry:opentelemetry-api:1.28.0'
-    implementation 'io.opentelemetry:opentelemetry-context:1.28.0'
-    implementation 'io.opentelemetry:opentelemetry-semconv:1.28.0-alpha'
+    implementation 'io.opentelemetry:opentelemetry-api:1.29.0'
+    implementation 'io.opentelemetry:opentelemetry-context:1.29.0'
+    implementation 'io.opentelemetry:opentelemetry-semconv:1.29.0-alpha'
     implementation 'com.google.guava:guava:32.1.2-jre'
     implementation 'jakarta.annotation:jakarta.annotation-api:2.1.1'
     api 'com.squareup.okhttp3:okhttp:4.11.0'
diff --git a/components/serialization/form/build.gradle b/components/serialization/form/build.gradle
index df8d3b6f2..9df117983 100644
--- a/components/serialization/form/build.gradle
+++ b/components/serialization/form/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/serialization/json/build.gradle b/components/serialization/json/build.gradle
index 3ffb72a12..c6e1d2108 100644
--- a/components/serialization/json/build.gradle
+++ b/components/serialization/json/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/serialization/multipart/build.gradle b/components/serialization/multipart/build.gradle
index 225206393..55b84680c 100644
--- a/components/serialization/multipart/build.gradle
+++ b/components/serialization/multipart/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }
 
diff --git a/components/serialization/text/build.gradle b/components/serialization/text/build.gradle
index af6b1098f..8d1d99223 100644
--- a/components/serialization/text/build.gradle
+++ b/components/serialization/text/build.gradle
@@ -5,7 +5,7 @@ plugins {
     id 'maven-publish'
     id 'signing'
     id 'jacoco'
-    id 'com.github.spotbugs' version '5.1.1'
+    id 'com.github.spotbugs' version '5.1.2'
     id "org.sonarqube" version "4.3.0.3225"
 }