diff --git a/poetry.lock b/poetry.lock
index 8aef0fd..9f222d6 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -1840,38 +1840,35 @@ files = [
 
 [[package]]
 name = "tensorflow-io-gcs-filesystem"
-version = "0.34.0"
+version = "0.37.1"
 description = "TensorFlow IO"
 optional = true
-python-versions = ">=3.7, <3.12"
-files = [
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-    {file = "tensorflow_io_gcs_filesystem-0.34.0-cp39-cp39-macosx_10_14_x86_64.whl", hash = "sha256:182b0fbde7e9a537fda0b354c28b0b6c035736728de8fe2db7ef49cf90352014"},
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+python-versions = "<3.13,>=3.7"
+files = [
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+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp310-cp310-macosx_12_0_arm64.whl", hash = "sha256:257aab23470a0796978efc9c2bcf8b0bc80f22e6298612a4c0a50d3f4e88060c"},
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+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp312-cp312-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:fbb33f1745f218464a59cecd9a18e32ca927b0f4d77abd8f8671b645cc1a182f"},
+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp312-cp312-manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:286389a203a5aee1a4fa2e53718c661091aa5fea797ff4fa6715ab8436b02e6c"},
+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp39-cp39-macosx_10_14_x86_64.whl", hash = "sha256:ee5da49019670ed364f3e5fb86b46420841a6c3cb52a300553c63841671b3e6d"},
+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp39-cp39-macosx_12_0_arm64.whl", hash = "sha256:8943036bbf84e7a2be3705cb56f9c9df7c48c9e614bb941f0936c58e3ca89d6f"},
+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp39-cp39-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:426de1173cb81fbd62becec2012fc00322a295326d90eb6c737fab636f182aed"},
+    {file = "tensorflow_io_gcs_filesystem-0.37.1-cp39-cp39-manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:0df00891669390078a003cedbdd3b8e645c718b111917535fa1d7725e95cdb95"},
 ]
 
 [package.extras]
-tensorflow = ["tensorflow (>=2.13.0,<2.14.0)"]
-tensorflow-aarch64 = ["tensorflow-aarch64 (>=2.13.0,<2.14.0)"]
-tensorflow-cpu = ["tensorflow-cpu (>=2.13.0,<2.14.0)"]
-tensorflow-gpu = ["tensorflow-gpu (>=2.13.0,<2.14.0)"]
-tensorflow-rocm = ["tensorflow-rocm (>=2.13.0,<2.14.0)"]
+tensorflow = ["tensorflow (>=2.16.0,<2.17.0)"]
+tensorflow-aarch64 = ["tensorflow-aarch64 (>=2.16.0,<2.17.0)"]
+tensorflow-cpu = ["tensorflow-cpu (>=2.16.0,<2.17.0)"]
+tensorflow-gpu = ["tensorflow-gpu (>=2.16.0,<2.17.0)"]
+tensorflow-rocm = ["tensorflow-rocm (>=2.16.0,<2.17.0)"]
 
 [[package]]
 name = "tensorflow-macos"
@@ -2319,4 +2316,4 @@ tensorflow = ["tensorflow", "tensorflow-macos"]
 [metadata]
 lock-version = "2.0"
 python-versions = ">=3.8,<3.13"
-content-hash = "59dd6bf4cd35f7bd384b167f70fbed0eb9f07f4f9af4c97d02a22ae3e7dd6c35"
+content-hash = "a08e40408f8f5e619320beb7184fa1c382f8d4a81d5ae98bd8b46ea3b4d5a4df"
diff --git a/pyproject.toml b/pyproject.toml
index ea1deb0..835f3d8 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -22,7 +22,7 @@ h5py = { version = "^3.9.0", optional = true }
 # TODO: Add py3.12 once TF release supports
 tensorflow = { version = "^2.13.0", optional = true, python = "<3.12" }
 tensorflow-macos = { version = "^2.13.0", platform = "darwin", optional = true, python = "<3.12" }
-tensorflow-io-gcs-filesystem = { version = ">=0.23.1,<0.35", optional = true, python = "<3.12" }
+tensorflow-io-gcs-filesystem = { version = ">=0.37.1,<0.38", optional = true, python = "<3.12" }
 
 [tool.poetry.extras]
 tensorflow = ["tensorflow", "tensorflow-macos"]