diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 408ab803d..d16c52b59 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -18,10 +18,10 @@ jobs:
       - name: Set up Elixir
         uses: erlef/setup-beam@v1
         with:
-          otp-version: 24.3.4.6
-          elixir-version: 1.13.0
+          otp-version: 24.3.4.16
+          elixir-version: 1.14.5
       - name: Export OTP_RELEASE
-        run: echo "OTP_RELEASE=24.3.4.6" >> $GITHUB_ENV
+        run: echo "OTP_RELEASE=24.3.4.16" >> $GITHUB_ENV
       - name: Export ERLANG_SDK_HOME
         run: echo "ERLANG_SDK_HOME=`erl -eval 'io:format("~s", [code:root_dir()]).' -noshell -run init stop`" >> $GITHUB_ENV
       - name: Grant execute permission for gradlew
diff --git a/.github/workflows/test.yml b/.github/workflows/test.yml
index b5b66d44a..aa1f19a94 100644
--- a/.github/workflows/test.yml
+++ b/.github/workflows/test.yml
@@ -19,10 +19,10 @@ jobs:
       - name: Set up Elixir
         uses: erlef/setup-beam@v1
         with:
-          otp-version: 24.3.4.6
-          elixir-version: 1.13.0
+          otp-version: 24.3.4.16
+          elixir-version: 1.14.5
       - name: Export OTP_RELEASE
-        run: echo "OTP_RELEASE=24.3.4.6" >> $GITHUB_ENV
+        run: echo "OTP_RELEASE=24.3.4.16" >> $GITHUB_ENV
       - name: Export ERLANG_SDK_HOME
         run: echo "ERLANG_SDK_HOME=`erl -eval 'io:format("~s", [code:root_dir()]).' -noshell -run init stop`" >> $GITHUB_ENV
       - name: Grant execute permission for gradlew
diff --git a/.tool-versions b/.tool-versions
index bd3da7d1b..430139b32 100644
--- a/.tool-versions
+++ b/.tool-versions
@@ -1,3 +1,3 @@
-elixir 1.13.4-otp-24
-erlang 24.3.4.6
+elixir 1.14.5-otp-24
+erlang 24.3.4.16
 java openjdk-17.0.2
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2e1f8bc1b..e33c7b2ce 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,10 @@
   * Add the correct ERL and elixir arguments for starting IEx depending on the version of Elixir SDK.
 * [#3563](https://github.com/KronicDeth/intellij-elixir/pull/3563) - [@ashleysommer](https://github.com/ashleysommer)
   * Bundle latest OtpErlang.jar from JInterface v1.14 for OTP v26.
+* [#3564](https://github.com/KronicDeth/intellij-elixir/pull/3564) - [@ashleysommer](https://github.com/ashleysommer)
+  * Bump devtools
+    * Elixir to 1.14.5
+    * Erlang/OTP 24 to 24.3.4.16 
 
 ## v17.0.0
 
diff --git a/gradle.properties b/gradle.properties
index 5831be295..4a55e0f68 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -7,6 +7,6 @@ ideaVersion=2023.3
 javaVersion=17
 javaTargetVersion=17
 sources=true
-elixirVersion=1.13.4
+elixirVersion=1.14.5
 publishChannels=canary
 org.gradle.jvmargs=-Xmx4096m
diff --git a/resources/META-INF/changelog.html b/resources/META-INF/changelog.html
index 509fb3507..d864d4745 100644
--- a/resources/META-INF/changelog.html
+++ b/resources/META-INF/changelog.html
@@ -8,6 +8,13 @@ <h1>v17.0.1</h1>
             <li>Render code snippets that are not links.</li>
             <li>Add the correct ERL and elixir arguments for starting IEx depending on the version of Elixir SDK.</li>
             <li>Bundle latest OtpErlang.jar from JInterface v1.14 for OTP v26.</li>
+            <li>
+                Bump devtools
+                <ul>
+                    <li>Elixir to 1.14.5</li>
+                    <li>Erlang/OTP 24 to 24.3.4.16</li>
+                </ul>
+            </li>
         </ul>
     </li>
 </ul>
diff --git a/tests/org/elixir_lang/parser_definition/ElixirLangElixirParsingTestCase.java b/tests/org/elixir_lang/parser_definition/ElixirLangElixirParsingTestCase.java
index 0ea0f580b..b398fb12d 100644
--- a/tests/org/elixir_lang/parser_definition/ElixirLangElixirParsingTestCase.java
+++ b/tests/org/elixir_lang/parser_definition/ElixirLangElixirParsingTestCase.java
@@ -50,9 +50,6 @@ public void testEexSmartEngine() {
         assertParsed("lib/eex/lib/eex/smart_engine.ex", Parse.CORRECT);
     }
 
-    public void testEexTokenizer() {
-        assertParsed("lib/eex/lib/eex/tokenizer.ex", Parse.CORRECT);
-    }
 
     public void testAccess() {
         assertParsed("lib/elixir/lib/access.ex", Parse.CORRECT);