diff --git a/.github/workflows/build.yaml b/.github/workflows/build.yaml
index d7263af84..e51cf9a01 100644
--- a/.github/workflows/build.yaml
+++ b/.github/workflows/build.yaml
@@ -28,7 +28,7 @@ concurrency:
 jobs:
   conda-python-build:
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-build.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-build.yaml@branch-23.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -37,7 +37,7 @@ jobs:
   upload-conda:
     needs: [conda-python-build]
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/conda-upload-packages.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/conda-upload-packages.yaml@branch-23.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -45,7 +45,7 @@ jobs:
       sha: ${{ inputs.sha }}
   wheel-build:
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-build.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-build.yaml@branch-23.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -55,7 +55,7 @@ jobs:
   wheel-publish:
     needs: wheel-build
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-publish.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-publish.yaml@branch-23.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
diff --git a/.github/workflows/pr.yaml b/.github/workflows/pr.yaml
index 25443e142..53faf34fa 100644
--- a/.github/workflows/pr.yaml
+++ b/.github/workflows/pr.yaml
@@ -18,33 +18,33 @@ jobs:
       - wheel-build
       - wheel-tests
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/pr-builder.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/pr-builder.yaml@branch-23.12
   checks:
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/checks.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/checks.yaml@branch-23.12
   conda-python-build:
     needs: checks
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-build.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-build.yaml@branch-23.12
     with:
       build_type: pull-request
   conda-python-tests:
     needs: conda-python-build
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-tests.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-tests.yaml@branch-23.12
     with:
       build_type: pull-request
   wheel-build:
     needs: checks
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-build.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-build.yaml@branch-23.12
     with:
       build_type: pull-request
       script: ci/build_wheel.sh
   wheel-tests:
     needs: wheel-build
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-test.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-test.yaml@branch-23.12
     with:
       build_type: pull-request
       script: ci/test_wheel.sh
diff --git a/.github/workflows/test.yaml b/.github/workflows/test.yaml
index 5e17128f5..8b3720062 100644
--- a/.github/workflows/test.yaml
+++ b/.github/workflows/test.yaml
@@ -16,7 +16,7 @@ on:
 jobs:
   conda-python-tests:
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-tests.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/conda-python-tests.yaml@branch-23.12
     with:
       build_type: nightly
       branch: ${{ inputs.branch }}
@@ -24,7 +24,7 @@ jobs:
       sha: ${{ inputs.sha }}
   wheel-tests:
     secrets: inherit
-    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-test.yaml@branch-23.10
+    uses: rapidsai/shared-action-workflows/.github/workflows/wheels-test.yaml@branch-23.12
     with:
       build_type: nightly
       branch: ${{ inputs.branch }}
diff --git a/dependencies.yaml b/dependencies.yaml
index 53fd9a84d..0d2472de5 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -116,7 +116,7 @@ dependencies:
       - output_types: [conda, requirements, pyproject]
         packages:
           - cloudpickle
-          - cudf==23.10.*
+          - cudf==23.12.*
           - dask
           - distributed
           - numba>=0.57
diff --git a/pyproject.toml b/pyproject.toml
index 439632736..1109cd8f0 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -22,7 +22,7 @@ requires = [
 
 [project]
 name = "ucx-py"
-version = "0.34.0"
+version = "0.35.0"
 description = "Python Bindings for the Unified Communication X library (UCX)"
 readme = { file = "README.md", content-type = "text/markdown" }
 authors = [
@@ -49,7 +49,7 @@ classifiers = [
 [project.optional-dependencies]
 test = [
     "cloudpickle",
-    "cudf==23.10.*",
+    "cudf==23.12.*",
     "cupy-cuda11x>=12.0.0",
     "dask",
     "distributed",
diff --git a/ucp/__init__.py b/ucp/__init__.py
index 7486492c0..89ac836ee 100644
--- a/ucp/__init__.py
+++ b/ucp/__init__.py
@@ -90,7 +90,7 @@ def _is_mig_device(handle):
     os.environ["UCX_MAX_RNDV_RAILS"] = "1"
 
 
-__version__ = "0.34.0"
+__version__ = "0.35.0"
 __ucx_version__ = "%d.%d.%d" % get_ucx_version()
 
 if get_ucx_version() < (1, 11, 1):