diff --git a/release/promote.sh b/release/promote.sh
index b3656dda6..a7f273bc1 100644
--- a/release/promote.sh
+++ b/release/promote.sh
@@ -6,11 +6,11 @@ DIR="$( cd "$( dirname "${BASH_SOURCE[0]}" )" >/dev/null 2>&1 && pwd )"
 source "${DIR}/release_versions.sh"
 
 # Make sure to update these versions when doing a release first
-PYTORCH_VERSION=${PYTORCH_VERSION:-2.1.0}
-TORCHVISION_VERSION=${TORCHVISION_VERSION:-0.16.0}
-TORCHAUDIO_VERSION=${TORCHAUDIO_VERSION:-2.1.0}
-TORCHTEXT_VERSION=${TORCHTEXT_VERSION:-0.16.0}
-TORCHDATA_VERSION=${TORCHDATA_VERSION:-0.7.0}
+PYTORCH_VERSION=${PYTORCH_VERSION:-2.1.1}
+TORCHVISION_VERSION=${TORCHVISION_VERSION:-0.16.1}
+TORCHAUDIO_VERSION=${TORCHAUDIO_VERSION:-2.1.1}
+TORCHTEXT_VERSION=${TORCHTEXT_VERSION:-0.16.1}
+TORCHDATA_VERSION=${TORCHDATA_VERSION:-0.7.1}
 
 DRY_RUN=${DRY_RUN:-enabled}
 
diff --git a/release/release_versions.sh b/release/release_versions.sh
index ab35075b6..d362cb1ca 100644
--- a/release/release_versions.sh
+++ b/release/release_versions.sh
@@ -1,8 +1,8 @@
 #!/usr/bin/env bash
 
 # Make sure to update these versions when doing a release first
-PYTORCH_VERSION=${PYTORCH_VERSION:-2.1.0}
-TORCHVISION_VERSION=${TORCHVISION_VERSION:-0.16.0}
-TORCHAUDIO_VERSION=${TORCHAUDIO_VERSION:-2.1.0}
-TORCHTEXT_VERSION=${TORCHTEXT_VERSION:-0.16.0}
-TORCHDATA_VERSION=${TORCHDATA_VERSION:-0.7.0}
+PYTORCH_VERSION=${PYTORCH_VERSION:-2.1.1}
+TORCHVISION_VERSION=${TORCHVISION_VERSION:-0.16.1}
+TORCHAUDIO_VERSION=${TORCHAUDIO_VERSION:-2.1.1}
+TORCHTEXT_VERSION=${TORCHTEXT_VERSION:-0.16.1}
+TORCHDATA_VERSION=${TORCHDATA_VERSION:-0.7.1}