diff --git a/.ci/docker/ci_commit_pins/pytorch.txt b/.ci/docker/ci_commit_pins/pytorch.txt
index d1e1e4843b..c89e497a5d 100644
--- a/.ci/docker/ci_commit_pins/pytorch.txt
+++ b/.ci/docker/ci_commit_pins/pytorch.txt
@@ -1 +1 @@
-19eff28ff3f19b50da46f5a9ff5f4d4d213806fe
+288aa873831057b1eb7d747914ec4fdc76c23a80
diff --git a/examples/models/llama3_2_vision/install_requirements.sh b/examples/models/llama3_2_vision/install_requirements.sh
index de8ed0632d..be559b8ce3 100755
--- a/examples/models/llama3_2_vision/install_requirements.sh
+++ b/examples/models/llama3_2_vision/install_requirements.sh
@@ -5,10 +5,10 @@
 # This source code is licensed under the BSD-style license found in the
 # LICENSE file in the root directory of this source tree.
 
-NIGHTLY_VERSION="dev20241112"
+NIGHTLY_VERSION="dev20241218"
 
 # Install torchtune nightly for model definitions.
-pip install --pre torchtune==0.4.0.${NIGHTLY_VERSION} --extra-index-url https://download.pytorch.org/whl/nightly/cpu --no-cache-dir
+pip install --pre torchtune==0.5.0.${NIGHTLY_VERSION} --extra-index-url https://download.pytorch.org/whl/nightly/cpu --no-cache-dir
 
 # Install torchao.
 pip install "$(dirname "$0")/../../../third-party/ao"
diff --git a/examples/models/llama3_2_vision/text_decoder/test/test_text_decoder.py b/examples/models/llama3_2_vision/text_decoder/test/test_text_decoder.py
index 8e678801b8..e6bf2ddd31 100644
--- a/examples/models/llama3_2_vision/text_decoder/test/test_text_decoder.py
+++ b/examples/models/llama3_2_vision/text_decoder/test/test_text_decoder.py
@@ -74,8 +74,6 @@ def test_llama3_2_text_decoder_aoti(self) -> None:
         with tempfile.TemporaryDirectory() as tmpdir:
             path = torch._inductor.aoti_compile_and_package(
                 ep,
-                model.get_example_inputs(),
-                kwargs=model.get_example_kwarg_inputs(),
                 package_path=os.path.join(tmpdir, "text_decoder.pt2"),
             )
             encoder_aoti = torch._inductor.aoti_load_package(path)
diff --git a/examples/models/llama3_2_vision/vision_encoder/test/test_vision_encoder.py b/examples/models/llama3_2_vision/vision_encoder/test/test_vision_encoder.py
index c2f1e77cee..7721350014 100644
--- a/examples/models/llama3_2_vision/vision_encoder/test/test_vision_encoder.py
+++ b/examples/models/llama3_2_vision/vision_encoder/test/test_vision_encoder.py
@@ -36,7 +36,6 @@ def test_flamingo_vision_encoder(self) -> None:
         with tempfile.TemporaryDirectory() as tmpdir:
             path = torch._inductor.aoti_compile_and_package(
                 ep,
-                model.get_example_inputs(),
                 package_path=os.path.join(tmpdir, "vision_encoder.pt2"),
             )
             print(path)
diff --git a/extension/llm/modules/test/test_position_embeddings.py b/extension/llm/modules/test/test_position_embeddings.py
index 039cc798b1..5e92f92df6 100644
--- a/extension/llm/modules/test/test_position_embeddings.py
+++ b/extension/llm/modules/test/test_position_embeddings.py
@@ -177,7 +177,6 @@ def test_tiled_token_positional_embedding_aoti(self):
         with tempfile.TemporaryDirectory() as tmpdir:
             path = torch._inductor.aoti_compile_and_package(
                 tpe_ep,
-                (self.x, self.aspect_ratio),
                 package_path=os.path.join(tmpdir, "tpe.pt2"),
             )
             tpe_aoti = load_package(path)
diff --git a/install_requirements.py b/install_requirements.py
index ace2f34b70..18b5d6f9b9 100644
--- a/install_requirements.py
+++ b/install_requirements.py
@@ -112,7 +112,7 @@ def python_is_compatible():
 # NOTE: If a newly-fetched version of the executorch repo changes the value of
 # NIGHTLY_VERSION, you should re-run this script to install the necessary
 # package versions.
-NIGHTLY_VERSION = "dev20241112"
+NIGHTLY_VERSION = "dev20241218"
 
 # The pip repository that hosts nightly torch packages.
 TORCH_NIGHTLY_URL = "https://download.pytorch.org/whl/nightly/cpu"
@@ -124,7 +124,7 @@ def python_is_compatible():
     # been installed on CI before this step, so pip won't reinstall them
     f"torch==2.6.0.{NIGHTLY_VERSION}" if USE_PYTORCH_NIGHTLY else "torch",
     (
-        f"torchvision==0.20.0.{NIGHTLY_VERSION}"
+        f"torchvision==0.22.0.{NIGHTLY_VERSION}"
         if USE_PYTORCH_NIGHTLY
         else "torchvision"
     ),  # For testing.
@@ -135,7 +135,7 @@ def python_is_compatible():
 # TODO: Make each example publish its own requirements.txt
 EXAMPLES_REQUIREMENTS = [
     "timm==1.0.7",
-    f"torchaudio==2.5.0.{NIGHTLY_VERSION}" if USE_PYTORCH_NIGHTLY else "torchaudio",
+    f"torchaudio==2.6.0.{NIGHTLY_VERSION}" if USE_PYTORCH_NIGHTLY else "torchaudio",
     "torchsr==1.0.4",
     "transformers==4.46.1",
 ]