diff --git a/sdk/python/kubeflow/storage_initializer/requirements.txt b/sdk/python/kubeflow/storage_initializer/requirements.txt
index d795aa99f5..24ad9f7675 100644
--- a/sdk/python/kubeflow/storage_initializer/requirements.txt
+++ b/sdk/python/kubeflow/storage_initializer/requirements.txt
@@ -2,4 +2,4 @@ peft==0.3.0
 datasets==2.15.0
 transformers==4.38.0
 boto3==1.33.9
-huggingface_hub==0.19.3
+huggingface_hub==0.23.4