diff --git a/build_files/build_environment/cmake/versions.cmake b/build_files/build_environment/cmake/versions.cmake
index 0fc7347fec3..ece00376661 100644
--- a/build_files/build_environment/cmake/versions.cmake
+++ b/build_files/build_environment/cmake/versions.cmake
@@ -730,9 +730,9 @@ set(GMMLIB_HASH c1f33e1519edfc527127baeb0436b783430dfd256c643130169a3a71dc86aff9
 set(GMMLIB_HASH_TYPE SHA256)
 set(GMMLIB_FILE ${GMMLIB_VERSION}.tar.gz)
 
-set(OCLOC_VERSION 22.49.25018.21)
+set(OCLOC_VERSION 23.05.25593.18)
 set(OCLOC_URI https://github.com/intel/compute-runtime/archive/refs/tags/${OCLOC_VERSION}.tar.gz)
-set(OCLOC_HASH 92362dae08b503a34e5d3820ed284198c452bcd5e7504d90eb69887b20492c06)
+set(OCLOC_HASH 122415028e631922ae999c996954dfd98ce9a32decd564d5484c31476ec9306e)
 set(OCLOC_HASH_TYPE SHA256)
 set(OCLOC_FILE ocloc-${OCLOC_VERSION}.tar.gz)