diff --git a/pkgs/development/python-modules/huggingface-hub/default.nix b/pkgs/development/python-modules/huggingface-hub/default.nix
index bcc3dfb3dacb..e180cdc9c137 100644
--- a/pkgs/development/python-modules/huggingface-hub/default.nix
+++ b/pkgs/development/python-modules/huggingface-hub/default.nix
@@ -40,14 +40,14 @@
 
 buildPythonPackage rec {
   pname = "huggingface-hub";
-  version = "0.33.4";
+  version = "0.34.1";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "huggingface";
     repo = "huggingface_hub";
     tag = "v${version}";
-    hash = "sha256-AYTK/PO4fcG0g3I03Vf8FAbeqegijNMeFDCHCcXASac=";
+    hash = "sha256-Cy/ZEqSBY5Aam+q8DBuaaE52Jtf4MB1kcRVyqfXuigo=";
   };
 
   build-system = [ setuptools ];
diff --git a/pkgs/development/python-modules/transformers/default.nix b/pkgs/development/python-modules/transformers/default.nix
index d18984884cd4..1000c9b79318 100644
--- a/pkgs/development/python-modules/transformers/default.nix
+++ b/pkgs/development/python-modules/transformers/default.nix
@@ -59,14 +59,14 @@
 
 buildPythonPackage rec {
   pname = "transformers";
-  version = "4.53.3";
+  version = "4.54.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "huggingface";
     repo = "transformers";
     tag = "v${version}";
-    hash = "sha256-HE6w7j9UJXuTy3uMuUG/6m8CRkz5ozTR90t65XUt2Lk=";
+    hash = "sha256-spWC25U3htAuueoZ8dS6u8nYMgSg3MmBeYly9oL6LgY=";
   };
 
   build-system = [ setuptools ];