diff --git a/CMakeLists.txt b/CMakeLists.txt
index 161a532..8650545 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -87,6 +87,14 @@ endif()
 # Set executable suffix to elf
 set(CMAKE_EXECUTABLE_SUFFIX ".elf")
 
+# IREE_DEFAULT_COPTS sets `-Wall` in combination with `-Werror` which
+# currently breaks the build with GCC. This disables specific warnings.
+# TODO: Re-enable these warning.
+set(CMAKE_C_FLAGS "${CMAKE_C_FLAGS} -Wno-char-subscripts")
+set(CMAKE_C_FLAGS "${CMAKE_C_FLAGS} -Wno-format")
+set(CMAKE_C_FLAGS "${CMAKE_C_FLAGS} -Wno-implicit-function-declaration")
+set(CMAKE_C_FLAGS "${CMAKE_C_FLAGS} -Wno-unused-variable")
+
 #-------------------------------------------------------------------------------
 # Utility definitions
 #-------------------------------------------------------------------------------
diff --git a/iree-release-link.txt b/iree-release-link.txt
index d6b6957..42cf1f9 100644
--- a/iree-release-link.txt
+++ b/iree-release-link.txt
@@ -1 +1 @@
-https://github.com/openxla/iree/releases/download/candidate-20230815.614/iree-dist-20230815.614-linux-x86_64.tar.xz
+https://github.com/openxla/iree/releases/download/candidate-20231004.665/iree-dist-20231004.665-linux-x86_64.tar.xz
diff --git a/requirements-compiler.txt b/requirements-compiler.txt
index 4d7e64e..8d61fce 100644
--- a/requirements-compiler.txt
+++ b/requirements-compiler.txt
@@ -1,4 +1,4 @@
 # SPDX-FileCopyrightText: 2023 Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung e.V.
 # SPDX-License-Identifier: CC0-1.0
 -f https://openxla.github.io/iree/pip-release-links.html
-iree-compiler==20230815.614
+iree-compiler==20231004.665
diff --git a/requirements-tools.txt b/requirements-tools.txt
index 101cd8e..abb98c0 100644
--- a/requirements-tools.txt
+++ b/requirements-tools.txt
@@ -1,5 +1,5 @@
 # SPDX-FileCopyrightText: 2022 Fraunhofer-Gesellschaft zur Förderung der angewandten Forschung e.V.
 # SPDX-License-Identifier: CC0-1.0
 -f https://openxla.github.io/iree/pip-release-links.html
-iree-tools-tf==20230815.614
-iree-tools-tflite==20230815.614
+iree-tools-tf==20231004.665
+iree-tools-tflite==20231004.665
diff --git a/samples/simple_embedding/simple_embedding_float.c b/samples/simple_embedding/simple_embedding_float.c
index 38560fa..1ea23d3 100644
--- a/samples/simple_embedding/simple_embedding_float.c
+++ b/samples/simple_embedding/simple_embedding_float.c
@@ -78,16 +78,16 @@ iree_status_t Run() {
   iree_hal_dim_t shape[1] = {IREE_ARRAYSIZE(kFloat4)};
   iree_hal_buffer_view_t* arg0_buffer_view = NULL;
   iree_hal_buffer_view_t* arg1_buffer_view = NULL;
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_FLOAT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
           .usage = IREE_HAL_BUFFER_USAGE_DEFAULT,
       },
       iree_make_const_byte_span(kFloat4, sizeof(kFloat4)), &arg0_buffer_view));
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_FLOAT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
diff --git a/samples/simple_embedding/simple_embedding_int.c b/samples/simple_embedding/simple_embedding_int.c
index ddf7f6e..0e63842 100644
--- a/samples/simple_embedding/simple_embedding_int.c
+++ b/samples/simple_embedding/simple_embedding_int.c
@@ -78,16 +78,16 @@ iree_status_t Run() {
   iree_hal_dim_t shape[1] = {IREE_ARRAYSIZE(kInt4)};
   iree_hal_buffer_view_t* arg0_buffer_view = NULL;
   iree_hal_buffer_view_t* arg1_buffer_view = NULL;
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_SINT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
           .usage = IREE_HAL_BUFFER_USAGE_DEFAULT,
       },
       iree_make_const_byte_span(kInt4, sizeof(kInt4)), &arg0_buffer_view));
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_SINT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
diff --git a/samples/simple_vec_mul/simple_mul_int.c b/samples/simple_vec_mul/simple_mul_int.c
index 3c73243..72bcc40 100644
--- a/samples/simple_vec_mul/simple_mul_int.c
+++ b/samples/simple_vec_mul/simple_mul_int.c
@@ -132,16 +132,16 @@ iree_status_t Run() {
   iree_hal_dim_t shape[1] = {IREE_ARRAYSIZE(kInt0)};
   iree_hal_buffer_view_t* arg0_buffer_view = NULL;
   iree_hal_buffer_view_t* arg1_buffer_view = NULL;
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_SINT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
           .usage = IREE_HAL_BUFFER_USAGE_DEFAULT,
       },
       iree_make_const_byte_span(kInt0, sizeof(kInt0)), &arg0_buffer_view));
-  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer(
-      iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+  IREE_RETURN_IF_ERROR(iree_hal_buffer_view_allocate_buffer_copy(
+      device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
       IREE_HAL_ELEMENT_TYPE_SINT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
       (iree_hal_buffer_params_t){
           .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
diff --git a/samples/static_library/static_library_demo.c b/samples/static_library/static_library_demo.c
index dd2a440..525a8a1 100644
--- a/samples/static_library/static_library_demo.c
+++ b/samples/static_library/static_library_demo.c
@@ -123,8 +123,8 @@ iree_status_t Run() {
   float kFloat2[] = {2.0f, 2.0f, 2.0f, 2.0f};
 
   if (iree_status_is_ok(status)) {
-    status = iree_hal_buffer_view_allocate_buffer(
-        iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+    status = iree_hal_buffer_view_allocate_buffer_copy(
+        device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
         IREE_HAL_ELEMENT_TYPE_FLOAT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
         (iree_hal_buffer_params_t){
             .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
@@ -135,8 +135,8 @@ iree_status_t Run() {
         &arg0_buffer_view);
   }
   if (iree_status_is_ok(status)) {
-    status = iree_hal_buffer_view_allocate_buffer(
-        iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+    status = iree_hal_buffer_view_allocate_buffer_copy(
+        device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
         IREE_HAL_ELEMENT_TYPE_FLOAT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
         (iree_hal_buffer_params_t){
             .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
diff --git a/samples/vision_inference/static_library_mnist.c b/samples/vision_inference/static_library_mnist.c
index 94bab98..7951844 100644
--- a/samples/vision_inference/static_library_mnist.c
+++ b/samples/vision_inference/static_library_mnist.c
@@ -130,8 +130,8 @@ iree_status_t Run() {
   iree_hal_buffer_view_t* arg0_buffer_view = NULL;
 
   if (iree_status_is_ok(status)) {
-    status = iree_hal_buffer_view_allocate_buffer(
-        iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
+    status = iree_hal_buffer_view_allocate_buffer_copy(
+        device, iree_hal_device_allocator(device), IREE_ARRAYSIZE(shape), shape,
         IREE_HAL_ELEMENT_TYPE_FLOAT_32, IREE_HAL_ENCODING_TYPE_DENSE_ROW_MAJOR,
         (iree_hal_buffer_params_t){
             .type = IREE_HAL_MEMORY_TYPE_DEVICE_LOCAL,
diff --git a/third_party/iree b/third_party/iree
index 48f7394..bb51f6f 160000
--- a/third_party/iree
+++ b/third_party/iree
@@ -1 +1 @@
-Subproject commit 48f7394c6e24171da688095ee3427e0f36f271c8
+Subproject commit bb51f6f1a1b4ee619fb09a7396f449dadb211447