diff --git a/agent/agent-tooling/build.gradle.kts b/agent/agent-tooling/build.gradle.kts
index d1b791fccd1..ab3c4218450 100644
--- a/agent/agent-tooling/build.gradle.kts
+++ b/agent/agent-tooling/build.gradle.kts
@@ -21,7 +21,7 @@ dependencies {
   implementation(project(":agent:agent-profiler:agent-diagnostics"))
   implementation(project(":etw:java"))
 
-  implementation("com.azure:azure-monitor-opentelemetry-exporter:1.0.0-beta.30")
+  implementation("com.azure:azure-monitor-opentelemetry-exporter:1.0.0-beta.31")
   compileOnly("io.opentelemetry.javaagent:opentelemetry-javaagent-bootstrap")
   compileOnly("io.opentelemetry.javaagent:opentelemetry-javaagent-tooling")
   compileOnly("io.opentelemetry.javaagent.instrumentation:opentelemetry-javaagent-servlet-common-bootstrap")
diff --git a/agent/agent-tooling/gradle.lockfile b/agent/agent-tooling/gradle.lockfile
index d2fa256d093..11e90572237 100644
--- a/agent/agent-tooling/gradle.lockfile
+++ b/agent/agent-tooling/gradle.lockfile
@@ -9,7 +9,7 @@ com.azure:azure-core-http-netty:1.15.4=runtimeClasspath
 com.azure:azure-core:1.52.0=runtimeClasspath
 com.azure:azure-identity:1.13.3=runtimeClasspath
 com.azure:azure-json:1.3.0=runtimeClasspath
-com.azure:azure-monitor-opentelemetry-exporter:1.0.0-beta.30=runtimeClasspath
+com.azure:azure-monitor-opentelemetry-exporter:1.0.0-beta.31=runtimeClasspath
 com.azure:azure-sdk-bom:1.2.28=runtimeClasspath
 com.azure:azure-storage-blob:12.28.0=runtimeClasspath
 com.azure:azure-storage-common:12.27.0=runtimeClasspath
diff --git a/licenses/more-licenses.md b/licenses/more-licenses.md
index 64831215021..c19b30ac2df 100644
--- a/licenses/more-licenses.md
+++ b/licenses/more-licenses.md
@@ -1,7 +1,7 @@
 
 # agent
 ## Dependency License Report
-_2024-10-21 03:11:48 UTC_
+_2024-10-23 15:37:37 PDT_
 ## Apache License, Version 2.0
 
 **1** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-annotations` **Version:** `2.17.2` 
@@ -362,7 +362,7 @@ _2024-10-21 03:11:48 UTC_
 > - **POM Project URL**: [https://github.com/Azure/azure-sdk-for-java](https://github.com/Azure/azure-sdk-for-java)
 > - **POM License**: MIT License - [https://opensource.org/licenses/MIT](https://opensource.org/licenses/MIT)
 
-**70** **Group:** `com.azure` **Name:** `azure-monitor-opentelemetry-exporter` **Version:** `1.0.0-beta.30` 
+**70** **Group:** `com.azure` **Name:** `azure-monitor-opentelemetry-exporter` **Version:** `1.0.0-beta.31` 
 > - **POM License**: MIT License - [https://opensource.org/licenses/MIT](https://opensource.org/licenses/MIT)
 
 **71** **Group:** `com.azure` **Name:** `azure-storage-blob` **Version:** `12.28.0`