diff --git a/build.gradle b/build.gradle
index ac69ade0f3..115c559c37 100644
--- a/build.gradle
+++ b/build.gradle
@@ -56,7 +56,7 @@ subprojects {
         javaPluginPath = "$rootDir/compiler/build/exe/java_plugin/$protocPluginBaseName$exeSuffix"
 
         nettyVersion = '4.1.72.Final'
-        guavaVersion = '31.0.1-android'
+        guavaVersion = '31.1-android'
         googleauthVersion = '1.4.0'
         protobufVersion = '3.19.2'
         protocVersion = protobufVersion
@@ -151,7 +151,7 @@ subprojects {
             animalsniffer_annotations: "org.codehaus.mojo:animal-sniffer-annotations:1.19",
             autovalue: "com.google.auto.value:auto-value:${autovalueVersion}",
             autovalue_annotation: "com.google.auto.value:auto-value-annotations:${autovalueVersion}",
-            errorprone: "com.google.errorprone:error_prone_annotations:2.10.0",
+            errorprone: "com.google.errorprone:error_prone_annotations:2.11.0",
             cronet_api: 'org.chromium.net:cronet-api:92.4515.131',
             cronet_embedded: 'org.chromium.net:cronet-embedded:92.4515.131',
             gson: "com.google.code.gson:gson:2.9.0",
diff --git a/gcp-observability/build.gradle b/gcp-observability/build.gradle
index f11a02023c..a3dc550edd 100644
--- a/gcp-observability/build.gradle
+++ b/gcp-observability/build.gradle
@@ -35,8 +35,7 @@ dependencies {
             libraries.perfmark,
             libraries.opencensus_contrib_grpc_metrics,
             libraries.gson,
-            ('com.google.guava:guava:31.0.1-jre'),
-            ('com.google.errorprone:error_prone_annotations:2.11.0'),
+            ('com.google.guava:guava:31.1-jre'),
             ('com.google.auth:google-auth-library-credentials:1.4.0'),
             ('org.checkerframework:checker-qual:3.20.0'),
             ('com.google.auto.value:auto-value-annotations:1.9'),