diff --git a/Makefile b/Makefile
index 7d250327..42e73365 100644
--- a/Makefile
+++ b/Makefile
@@ -11,7 +11,7 @@ PG_MAJOR?=17
 PG_VERSIONS?=
 
 # Additional PostgreSQL extensions we want to include with specific version/commit tags
-PGAI_VERSION?=extension-0.4.1
+PGAI_VERSION?=extension-0.5.0
 PGVECTORSCALE_VERSIONS?=all
 POSTGIS_VERSIONS?=3
 PG_AUTH_MON?=v3.0