diff --git a/Dockerfile.tpu b/Dockerfile.tpu
index bdfab3f61910f..dd8f9ad4714a9 100644
--- a/Dockerfile.tpu
+++ b/Dockerfile.tpu
@@ -1,4 +1,4 @@
-ARG NIGHTLY_DATE="20240828"
+ARG NIGHTLY_DATE="20241017"
 ARG BASE_IMAGE="us-central1-docker.pkg.dev/tpu-pytorch-releases/docker/xla:nightly_3.10_tpuvm_$NIGHTLY_DATE"
 
 FROM $BASE_IMAGE
diff --git a/docs/source/getting_started/tpu-installation.rst b/docs/source/getting_started/tpu-installation.rst
index 217028839e347..edba209986f6a 100644
--- a/docs/source/getting_started/tpu-installation.rst
+++ b/docs/source/getting_started/tpu-installation.rst
@@ -56,8 +56,8 @@ First, install the dependencies:
     $ pip uninstall torch torch-xla -y
 
     $ # Install PyTorch and PyTorch XLA.
-    $ export DATE="20240828"
-    $ export TORCH_VERSION="2.5.0"
+    $ export DATE="20241017"
+    $ export TORCH_VERSION="2.6.0"
     $ pip install https://storage.googleapis.com/pytorch-xla-releases/wheels/tpuvm/torch-${TORCH_VERSION}.dev${DATE}-cp310-cp310-linux_x86_64.whl
     $ pip install https://storage.googleapis.com/pytorch-xla-releases/wheels/tpuvm/torch_xla-${TORCH_VERSION}.dev${DATE}-cp310-cp310-linux_x86_64.whl
 
diff --git a/vllm/worker/tpu_worker.py b/vllm/worker/tpu_worker.py
index fe819b9f4b3a8..de6f7ab0072fd 100644
--- a/vllm/worker/tpu_worker.py
+++ b/vllm/worker/tpu_worker.py
@@ -133,18 +133,19 @@ def determine_num_available_blocks(self) -> Tuple[int, int]:
         # Synchronize before measuring the memory usage.
         xm.wait_device_ops()
 
-        dtype_btyes = get_dtype_size(self.cache_dtype)
-        block_size = self.cache_config.block_size
-        block_size_bytes = (dtype_btyes * block_size * num_layers * 2 *
-                            head_size * num_kv_heads)
-
-        # Calculate the TPU KV cache size based on profiling.
+        # Get the maximum amount of memory used by the model weights and
+        # intermediate activations.
         m = xm.get_memory_info(self.device)
         total_memory_size = m["bytes_limit"]
+        profiled = m["peak_bytes_used"]  # Weights + intermediate activations.
+
+        # Calculate the TPU KV cache size based on profiling.
         usable_memory_size = int(total_memory_size *
                                  self.cache_config.gpu_memory_utilization)
-        profiled = m["bytes_used"]  # Weights + intermediate activations.
         tpu_kv_cache_bytes = max(usable_memory_size - profiled, 0)
+        dtype_btyes = get_dtype_size(self.cache_dtype)
+        block_size_bytes = (dtype_btyes * self.cache_config.block_size *
+                            num_layers * 2 * head_size * num_kv_heads)
         num_tpu_blocks = tpu_kv_cache_bytes // block_size_bytes
         num_tpu_blocks = (num_tpu_blocks // 8) * 8  # Round down to 8.