diff --git a/parent/pom.xml b/parent/pom.xml
index 16a384565717c..e461619ae0fdc 100644
--- a/parent/pom.xml
+++ b/parent/pom.xml
@@ -250,7 +250,7 @@
         <ibm-cos-sdk-version>2.15.1</ibm-cos-sdk-version>
         <ibm-secrets-manager-version>2.0.28</ibm-secrets-manager-version>
         <ibm-watson-sdk-version>16.2.0</ibm-watson-sdk-version>
-        <ibm-watsonx-ai-sdk-version>0.30.1</ibm-watsonx-ai-sdk-version>
+        <ibm-watsonx-ai-sdk-version>0.40.0</ibm-watsonx-ai-sdk-version>
         <ibm-watsonx-data-sdk-version>0.9.0</ibm-watsonx-data-sdk-version>
         <ical4j-version>4.3.0</ical4j-version>
         <icu4j-version>78.3</icu4j-version>