diff --git a/.github/workflows/test.yml b/.github/workflows/test.yml
index a58f1841..2fab2072 100644
--- a/.github/workflows/test.yml
+++ b/.github/workflows/test.yml
@@ -27,7 +27,7 @@ jobs:
     - name: Run the test suite
       env:
         ARRAY_API_TESTS_MODULE: array_api_strict
-        ARRAY_API_STRICT_API_VERSION: 2023.12
+        ARRAY_API_STRICT_API_VERSION: 2024.12
       run: |
         pytest -v -rxXfE --skips-file array-api-strict-skips.txt array_api_tests/
         # We also have internal tests that isn't really necessary for adopters
diff --git a/array-api b/array-api
index 25e71773..772fb461 160000
--- a/array-api
+++ b/array-api
@@ -1 +1 @@
-Subproject commit 25e717735b72c6b55080f48af634015d94833838
+Subproject commit 772fb461da6ff904ecfcac4a24676e40efcbdb0c
diff --git a/array-api-strict-skips.txt b/array-api-strict-skips.txt
index 0f266590..7cf114ee 100644
--- a/array-api-strict-skips.txt
+++ b/array-api-strict-skips.txt
@@ -5,4 +5,28 @@ array_api_tests/test_special_cases.py::test_iop[__ipow__(x1_i is -0 and x2_i > 0
 
 # The test suite is incorrectly checking sums that have loss of significance
 # (https://github.com/data-apis/array-api-tests/issues/168)
-array_api_tests/test_statistical_functions.py::test_sum
\ No newline at end of file
+array_api_tests/test_statistical_functions.py::test_sum
+
+# 2024.12 new failures, investigate
+array_api_tests/test_special_cases.py::test_binary[floor_divide(x1_i is +infinity and isfinite(x2_i) and x2_i > 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_binary[floor_divide(x1_i is +infinity and isfinite(x2_i) and x2_i < 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_binary[floor_divide(x1_i is -infinity and isfinite(x2_i) and x2_i > 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_binary[floor_divide(x1_i is -infinity and isfinite(x2_i) and x2_i < 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_binary[floor_divide(isfinite(x1_i) and x1_i > 0 and x2_i is -infinity) -> -0]
+array_api_tests/test_special_cases.py::test_binary[floor_divide(isfinite(x1_i) and x1_i < 0 and x2_i is +infinity) -> -0]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(x1_i is +infinity and isfinite(x2_i) and x2_i > 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(x1_i is +infinity and isfinite(x2_i) and x2_i < 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(x1_i is -infinity and isfinite(x2_i) and x2_i > 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(x1_i is -infinity and isfinite(x2_i) and x2_i < 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(isfinite(x1_i) and x1_i > 0 and x2_i is -infinity) -> -0]
+array_api_tests/test_special_cases.py::test_binary[__floordiv__(isfinite(x1_i) and x1_i < 0 and x2_i is +infinity) -> -0]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(x1_i is +infinity and isfinite(x2_i) and x2_i > 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(x1_i is +infinity and isfinite(x2_i) and x2_i < 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(x1_i is -infinity and isfinite(x2_i) and x2_i > 0) -> -infinity]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(x1_i is -infinity and isfinite(x2_i) and x2_i < 0) -> +infinity]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(isfinite(x1_i) and x1_i > 0 and x2_i is -infinity) -> -0]
+array_api_tests/test_special_cases.py::test_iop[__ifloordiv__(isfinite(x1_i) and x1_i < 0 and x2_i is +infinity) -> -0]
+
+# 2024.12 new failure, ndim=0 not allowed in cumulative_prod
+array_api_tests/test_special_cases.py::test_nan_propagation[cumulative_prod]
+
diff --git a/array_api_tests/__init__.py b/array_api_tests/__init__.py
index f3805b56..d01af52d 100644
--- a/array_api_tests/__init__.py
+++ b/array_api_tests/__init__.py
@@ -86,7 +86,7 @@ def _from_dtype(*a, **kw):
 
 
 api_version = os.getenv(
-    "ARRAY_API_TESTS_VERSION", getattr(xp, "__array_api_version__", "2023.12")
+    "ARRAY_API_TESTS_VERSION", getattr(xp, "__array_api_version__", "2024.12")
 )
 xps = array_api.make_strategies_namespace(xp, api_version=api_version)