diff --git a/Dockerfile b/Dockerfile
index 2c3c8bf8..f980f62d 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -165,7 +165,7 @@ RUN cd server && \
     pip install ".[accelerate]" --no-cache-dir
 
 # temp: install newer transformers lib that optimum clashes with
-RUN pip install transformers==4.40.0 tokenizers==0.19.1 --no-cache-dir
+RUN pip install transformers==4.48.0 tokenizers==0.21.1 --no-cache-dir
 
 # Patch codegen model changes into transformers
 RUN cp server/transformers_patch/modeling_codegen.py ${SITE_PACKAGES}/transformers/models/codegen/modeling_codegen.py
@@ -292,7 +292,7 @@ COPY server server
 RUN cd server && make gen-server && pip install ".[accelerate, ibm-fms, onnx-gpu, quantize]" --no-cache-dir --extra-index-url=https://aiinfra.pkgs.visualstudio.com/PublicPackages/_packaging/onnxruntime-cuda-12/pypi/simple/
 
 # temp: install newer transformers lib that optimum clashes with
-RUN pip install transformers==4.40.0 tokenizers==0.19.1 --no-cache-dir
+RUN pip install transformers==4.48.0 tokenizers==0.21.1 --no-cache-dir
 
 # Patch codegen model changes into transformers 4.35
 RUN cp server/transformers_patch/modeling_codegen.py ${SITE_PACKAGES}/transformers/models/codegen/modeling_codegen.py