diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0bafe73e0..31e23b365 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 ## Release 550 Entries
 
+### [550.40.79] 2024-10-24
+
 ### [550.40.76] 2024-10-06
 
 ### [550.40.75] 2024-09-25
diff --git a/README.md b/README.md
index 446b572ad..f33aa6c38 100644
--- a/README.md
+++ b/README.md
@@ -1,7 +1,7 @@
 # NVIDIA Linux Open GPU Kernel Module Source
 
 This is the source release of the NVIDIA Linux open GPU kernel modules,
-version 550.40.76.
+version 550.40.79.
 
 
 ## How to Build
@@ -17,7 +17,7 @@ as root:
 
 Note that the kernel modules built here must be used with GSP
 firmware and user-space NVIDIA GPU driver components from a corresponding
-550.40.76 driver release.  This can be achieved by installing
+550.40.79 driver release.  This can be achieved by installing
 the NVIDIA GPU driver from the .run file using the `--no-kernel-modules`
 option.  E.g.,
 
@@ -188,7 +188,7 @@ encountered specific to them.
 For details on feature support and limitations, see the NVIDIA GPU driver
 end user README here:
 
-https://us.download.nvidia.com/XFree86/Linux-x86_64/550.40.76/README/kernel_open.html
+https://us.download.nvidia.com/XFree86/Linux-x86_64/550.40.79/README/kernel_open.html
 
 For vGPU support, please refer to the README.vgpu packaged in the vGPU Host
 Package for more details.
diff --git a/kernel-open/Kbuild b/kernel-open/Kbuild
index 26f852524..24c69893b 100644
--- a/kernel-open/Kbuild
+++ b/kernel-open/Kbuild
@@ -72,7 +72,7 @@ EXTRA_CFLAGS += -I$(src)/common/inc
 EXTRA_CFLAGS += -I$(src)
 EXTRA_CFLAGS += -Wall $(DEFINES) $(INCLUDES) -Wno-cast-qual -Wno-format-extra-args
 EXTRA_CFLAGS += -D__KERNEL__ -DMODULE -DNVRM
-EXTRA_CFLAGS += -DNV_VERSION_STRING=\"550.40.76\"
+EXTRA_CFLAGS += -DNV_VERSION_STRING=\"550.40.79\"
 
 ifneq ($(SYSSRCHOST1X),)
  EXTRA_CFLAGS += -I$(SYSSRCHOST1X)
diff --git a/src/common/inc/nvBldVer.h b/src/common/inc/nvBldVer.h
index 428fd65f6..fbf76088b 100644
--- a/src/common/inc/nvBldVer.h
+++ b/src/common/inc/nvBldVer.h
@@ -43,18 +43,18 @@
 #endif
 
 #if defined(NV_LINUX) || defined(NV_BSD) || defined(NV_SUNOS)
-#define NV_BUILD_BRANCH_VERSION         "rel/gpu_drv/r550/VK551_06-155"
-#define NV_BUILD_CHANGELIST_NUM         (34942692)
+#define NV_BUILD_BRANCH_VERSION         "rel/gpu_drv/r550/VK551_06-158"
+#define NV_BUILD_CHANGELIST_NUM         (35036339)
 #define NV_BUILD_TYPE                   "Official"
-#define NV_BUILD_NAME                   "rel/gpu_drv/r550/VK551_06-155"
-#define NV_LAST_OFFICIAL_CHANGELIST_NUM (34942692)
+#define NV_BUILD_NAME                   "rel/gpu_drv/r550/VK551_06-158"
+#define NV_LAST_OFFICIAL_CHANGELIST_NUM (35036339)
 
 #else     /* Windows builds */
-#define NV_BUILD_BRANCH_VERSION         "VK551_06-28"
-#define NV_BUILD_CHANGELIST_NUM         (34942692)
+#define NV_BUILD_BRANCH_VERSION         "VK551_06-31"
+#define NV_BUILD_CHANGELIST_NUM         (35036339)
 #define NV_BUILD_TYPE                   "Official"
-#define NV_BUILD_NAME                   "553.22"
-#define NV_LAST_OFFICIAL_CHANGELIST_NUM (34942692)
+#define NV_BUILD_NAME                   "553.31"
+#define NV_LAST_OFFICIAL_CHANGELIST_NUM (35036339)
 #define NV_BUILD_BRANCH_BASE_VERSION    R550
 #endif
 // End buildmeister python edited section
diff --git a/src/common/inc/nvUnixVersion.h b/src/common/inc/nvUnixVersion.h
index 17ab47781..8ed4d000f 100644
--- a/src/common/inc/nvUnixVersion.h
+++ b/src/common/inc/nvUnixVersion.h
@@ -4,7 +4,7 @@
 #if defined(NV_LINUX) || defined(NV_BSD) || defined(NV_SUNOS) || defined(NV_VMWARE) || defined(NV_QNX) || defined(NV_INTEGRITY) || \
     (defined(RMCFG_FEATURE_PLATFORM_GSP) && RMCFG_FEATURE_PLATFORM_GSP == 1)
 
-#define NV_VERSION_STRING               "550.40.76"
+#define NV_VERSION_STRING               "550.40.79"
 
 #else
 
diff --git a/version.mk b/version.mk
index a80a746d8..3ccb03b8c 100644
--- a/version.mk
+++ b/version.mk
@@ -1,4 +1,4 @@
-NVIDIA_VERSION = 550.40.76
+NVIDIA_VERSION = 550.40.79
 
 # This file.
 VERSION_MK_FILE := $(lastword $(MAKEFILE_LIST))