diff --git a/core/gradle/libs.versions.toml b/core/gradle/libs.versions.toml
index b7e6bb3140a..af061dbc6b3 100644
--- a/core/gradle/libs.versions.toml
+++ b/core/gradle/libs.versions.toml
@@ -61,7 +61,7 @@ spotbugs-annotations = { module = 'com.github.spotbugs:spotbugs-annotations', ve
 jansi = { module = 'org.fusesource.jansi:jansi', version = '2.4.+' } # Apache 2.0
 
 opentelemetry-api = { module = 'io.opentelemetry:opentelemetry-api', version.ref = 'otel' }
-opentelemetry-instrumentation-annotations = { module = 'io.opentelemetry.instrumentation:opentelemetry-instrumentation-annotations', version = '2.27.0' }
+opentelemetry-instrumentation-annotations = { module = 'io.opentelemetry.instrumentation:opentelemetry-instrumentation-annotations', version = '2.28.1' }
 
 kaml = { module = 'com.charleskorn.kaml:kaml', version = '0.104.0' } # Apache 2.0