diff --git a/setup.py b/setup.py
index e1cb3e2e38b0..ecb06d9da77c 100644
--- a/setup.py
+++ b/setup.py
@@ -19,12 +19,12 @@
 
 project_name = 'jax'
 
-_current_jaxlib_version = '0.4.28'
+_current_jaxlib_version = '0.4.29'
 # The following should be updated with each new jaxlib release.
 _latest_jaxlib_version_on_pypi = '0.4.28'
 _default_cuda12_cudnn_version = '91'
 _available_cuda12_cudnn_versions = [_default_cuda12_cudnn_version]
-_libtpu_version = '0.1.dev20240508'
+_libtpu_version = '0.1.dev20240609'
 
 def load_version_module(pkg_path):
   spec = importlib.util.spec_from_file_location(