diff --git a/go.mod b/go.mod
index 613d493124..9529ddd2e0 100644
--- a/go.mod
+++ b/go.mod
@@ -25,10 +25,10 @@ require (
 	k8s.io/apimachinery v0.28.5
 	k8s.io/client-go v0.28.5
 	k8s.io/utils v0.0.0-20230406110748-d93618cff8a2
-	knative.dev/eventing v0.39.1-0.20240123073934-6962251f674c
-	knative.dev/hack v0.0.0-20240123013652-45dcf107b43f
-	knative.dev/pkg v0.0.0-20240123013630-b42fab9a0e8f
-	knative.dev/reconciler-test v0.0.0-20240119013918-546d310454a6
+	knative.dev/eventing v0.40.0
+	knative.dev/hack v0.0.0-20240123162936-f3f03ac0ab1a
+	knative.dev/pkg v0.0.0-20240116073220-b488e7be5902
+	knative.dev/reconciler-test v0.0.0-20240116084801-50276dfba7b3
 	sigs.k8s.io/yaml v1.4.0
 )
 
diff --git a/go.sum b/go.sum
index b414cc446c..ca0e0f89f0 100644
--- a/go.sum
+++ b/go.sum
@@ -970,14 +970,14 @@ k8s.io/kube-openapi v0.0.0-20230717233707-2695361300d9 h1:LyMgNKD2P8Wn1iAwQU5Ohx
 k8s.io/kube-openapi v0.0.0-20230717233707-2695361300d9/go.mod h1:wZK2AVp1uHCp4VamDVgBP2COHZjqD1T68Rf0CM3YjSM=
 k8s.io/utils v0.0.0-20230406110748-d93618cff8a2 h1:qY1Ad8PODbnymg2pRbkyMT/ylpTrCM8P2RJ0yroCyIk=
 k8s.io/utils v0.0.0-20230406110748-d93618cff8a2/go.mod h1:OLgZIPagt7ERELqWJFomSt595RzquPNLL48iOWgYOg0=
-knative.dev/eventing v0.39.1-0.20240123073934-6962251f674c h1:Tln3TSbLVT+wxHxuYvAlXpMP8J9EEOmytxMTDs+RJXU=
-knative.dev/eventing v0.39.1-0.20240123073934-6962251f674c/go.mod h1:+yUUIyvX9fn9bCSH3012kc8rG7YBbjvvxwy1Kr53dRc=
-knative.dev/hack v0.0.0-20240123013652-45dcf107b43f h1:mZKzfj6YZ9iDmeAhqSA9p7CCUjfpWxF342+bZxaI2nk=
-knative.dev/hack v0.0.0-20240123013652-45dcf107b43f/go.mod h1:yk2OjGDsbEnQjfxdm0/HJKS2WqTLEFg/N6nUs6Rqx3Q=
-knative.dev/pkg v0.0.0-20240123013630-b42fab9a0e8f h1:Kx82sEJ4dwn0RzuuhXqoE+XALVmsbEeb5ALTS6PZzg4=
-knative.dev/pkg v0.0.0-20240123013630-b42fab9a0e8f/go.mod h1:WPAWBlZJYygPPfqng8X9lbx/QrOD6bG7OqJX6Jb7zyo=
-knative.dev/reconciler-test v0.0.0-20240119013918-546d310454a6 h1:GeDrhsKY7CGCd4WnNqyWmO2sOH2jszHXFvFUp9yU/4Q=
-knative.dev/reconciler-test v0.0.0-20240119013918-546d310454a6/go.mod h1:PdI3uCI/8URA+hyBvWqZ2pwCIvX/4/nqCNsdW1cQauM=
+knative.dev/eventing v0.40.0 h1:zvMeKGBdQ5Us94Hdy7jmxpzyc1fdFnO4SS21+6nDSiU=
+knative.dev/eventing v0.40.0/go.mod h1:+yUUIyvX9fn9bCSH3012kc8rG7YBbjvvxwy1Kr53dRc=
+knative.dev/hack v0.0.0-20240123162936-f3f03ac0ab1a h1:+4Mdk0Lt3LGAVEI6vYyhfjBlVBx7sqS4wECtTkuXoSY=
+knative.dev/hack v0.0.0-20240123162936-f3f03ac0ab1a/go.mod h1:yk2OjGDsbEnQjfxdm0/HJKS2WqTLEFg/N6nUs6Rqx3Q=
+knative.dev/pkg v0.0.0-20240116073220-b488e7be5902 h1:H6+JJN23fhwYWCHY1339sY6uhIyoUwDy1a8dN233fdk=
+knative.dev/pkg v0.0.0-20240116073220-b488e7be5902/go.mod h1:NYk8mMYoLkO7CQWnNkti4YGGnvLxN6MIDbUvtgeo0C0=
+knative.dev/reconciler-test v0.0.0-20240116084801-50276dfba7b3 h1:YgmYC7C3CH1urEryPvgS1PmVi6PZG2fXqGWDQ0snib4=
+knative.dev/reconciler-test v0.0.0-20240116084801-50276dfba7b3/go.mod h1:PdI3uCI/8URA+hyBvWqZ2pwCIvX/4/nqCNsdW1cQauM=
 pgregory.net/rapid v0.3.3/go.mod h1:UYpPVyjFHzYBGHIxLFoupi8vwk6rXNzRY9OMvVxFIOU=
 pgregory.net/rapid v1.1.0 h1:CMa0sjHSru3puNx+J0MIAuiiEV4N0qj8/cMWGBBCsjw=
 pgregory.net/rapid v1.1.0/go.mod h1:PY5XlDGj0+V1FCq0o192FdRhpKHGTRIWBgqjDBTrq04=
diff --git a/vendor/knative.dev/eventing/test/e2e-common.sh b/vendor/knative.dev/eventing/test/e2e-common.sh
index d0ff548b84..081bcf179e 100644
--- a/vendor/knative.dev/eventing/test/e2e-common.sh
+++ b/vendor/knative.dev/eventing/test/e2e-common.sh
@@ -221,7 +221,7 @@ function install_mt_broker() {
   if [[ -z "${EVENTING_MT_CHANNEL_BROKER_YAML:-}" ]]; then
     build_knative_from_source
   else
-    echo "use exist EVENTING_MT_CHANNEL_BROKER_YAML"
+    echo "use existing EVENTING_MT_CHANNEL_BROKER_YAML"
   fi
   local EVENTING_MT_CHANNEL_BROKER_NAME=${TMP_DIR}/${EVENTING_MT_CHANNEL_BROKER_YAML##*/}
   sed "s/namespace: ${KNATIVE_DEFAULT_NAMESPACE}/namespace: ${SYSTEM_NAMESPACE}/g" "${EVENTING_MT_CHANNEL_BROKER_YAML}" > "${EVENTING_MT_CHANNEL_BROKER_NAME}"
@@ -233,6 +233,20 @@ function install_mt_broker() {
   wait_until_pods_running "${SYSTEM_NAMESPACE}" || fail_test "Knative Eventing with MT Broker did not come up"
 }
 
+function install_post_install_job() {
+    # Var defined and populated by generate-yaml.sh
+    if [[ -z "${EVENTING_POST_INSTALL_YAML:-}" ]]; then
+        build_knative_from_source
+      else
+        echo "use existing EVENTING_POST_INSTALL_YAML"
+      fi
+    local EVENTING_POST_INSTALL_NAME=${TMP_DIR}/${EVENTING_POST_INSTALL_YAML##*/}
+    sed "s/namespace: ${KNATIVE_DEFAULT_NAMESPACE}/namespace: ${SYSTEM_NAMESPACE}/g" "${EVENTING_POST_INSTALL_YAML}" > "${EVENTING_POST_INSTALL_NAME=}"
+    kubectl create \
+      -f "${EVENTING_POST_INSTALL_NAME}" || return 1
+    UNINSTALL_LIST+=( "${EVENTING_POST_INSTALL_NAME}" )
+}
+
 function enable_sugar() {
   # Extra parameters for ko apply
   KO_FLAGS="${KO_FLAGS:-}"
diff --git a/vendor/knative.dev/hack/release.sh b/vendor/knative.dev/hack/release.sh
index 256ae40d0e..cbc20f6901 100644
--- a/vendor/knative.dev/hack/release.sh
+++ b/vendor/knative.dev/hack/release.sh
@@ -675,8 +675,8 @@ function set_latest_to_highest_semver() {
     abort "cannot get relase id from github"
   fi
   
-  hub_tool api --method PATCH "/repos/knative/serving/releases/$release_id" \
-    -F make_latest=true > /dev/null || abort "error settomg $last_version to 'latest'"
+  hub_tool api --method PATCH "/repos/${ORG_NAME}/${REPO_NAME}/releases/$release_id" \
+    -F make_latest=true > /dev/null || abort "error setting $last_version to 'latest'"
   echo "Github release ${last_version} set as 'latest'"
 }
 
diff --git a/vendor/modules.txt b/vendor/modules.txt
index 63fa381e54..e6413fa78e 100644
--- a/vendor/modules.txt
+++ b/vendor/modules.txt
@@ -1303,7 +1303,7 @@ k8s.io/utils/net
 k8s.io/utils/pointer
 k8s.io/utils/strings/slices
 k8s.io/utils/trace
-# knative.dev/eventing v0.39.1-0.20240123073934-6962251f674c
+# knative.dev/eventing v0.40.0
 ## explicit; go 1.21
 knative.dev/eventing/cmd/heartbeats
 knative.dev/eventing/pkg/adapter/v2
@@ -1417,11 +1417,11 @@ knative.dev/eventing/test/upgrade/prober/wathola/fetcher
 knative.dev/eventing/test/upgrade/prober/wathola/forwarder
 knative.dev/eventing/test/upgrade/prober/wathola/receiver
 knative.dev/eventing/test/upgrade/prober/wathola/sender
-# knative.dev/hack v0.0.0-20240123013652-45dcf107b43f
+# knative.dev/hack v0.0.0-20240123162936-f3f03ac0ab1a
 ## explicit; go 1.18
 knative.dev/hack
 knative.dev/hack/shell
-# knative.dev/pkg v0.0.0-20240123013630-b42fab9a0e8f
+# knative.dev/pkg v0.0.0-20240116073220-b488e7be5902
 ## explicit; go 1.18
 knative.dev/pkg/apiextensions/storageversion
 knative.dev/pkg/apiextensions/storageversion/cmd/migrate
@@ -1519,7 +1519,7 @@ knative.dev/pkg/webhook/resourcesemantics
 knative.dev/pkg/webhook/resourcesemantics/conversion
 knative.dev/pkg/webhook/resourcesemantics/defaulting
 knative.dev/pkg/webhook/resourcesemantics/validation
-# knative.dev/reconciler-test v0.0.0-20240119013918-546d310454a6
+# knative.dev/reconciler-test v0.0.0-20240116084801-50276dfba7b3
 ## explicit; go 1.20
 knative.dev/reconciler-test/cmd/eventshub
 knative.dev/reconciler-test/pkg/environment