diff --git a/iree-release-link.txt b/iree-release-link.txt
index e264946..3f73540 100644
--- a/iree-release-link.txt
+++ b/iree-release-link.txt
@@ -1 +1 @@
-https://github.com/iree-org/iree/releases/download/candidate-20240728.968/iree-dist-20240728.968-linux-x86_64.tar.xz
+https://github.com/iree-org/iree/releases/download/candidate-20240730.970/iree-dist-20240730.970-linux-x86_64.tar.xz
diff --git a/requirements-compiler.txt b/requirements-compiler.txt
index 8e23226..b230cb0 100644
--- a/requirements-compiler.txt
+++ b/requirements-compiler.txt
@@ -1,4 +1,4 @@
 # SPDX-FileCopyrightText: 2023 The IREE bare-metal Arm Authors
 # SPDX-License-Identifier: CC0-1.0
 -f https://iree.dev/pip-release-links.html
-iree-compiler==20240728.968
+iree-compiler==20240730.970
diff --git a/requirements-tools.txt b/requirements-tools.txt
index 2ec454c..d52c987 100644
--- a/requirements-tools.txt
+++ b/requirements-tools.txt
@@ -1,5 +1,5 @@
 # SPDX-FileCopyrightText: 2022 The IREE bare-metal Arm Authors
 # SPDX-License-Identifier: CC0-1.0
 -f https://iree.dev/pip-release-links.html
-iree-tools-tf==20240728.968
-iree-tools-tflite==20240728.968
+iree-tools-tf==20240730.970
+iree-tools-tflite==20240730.970
diff --git a/samples/simple_embedding/device_embedded_sync.c b/samples/simple_embedding/device_embedded_sync.c
index 339eb17..f8abfb0 100644
--- a/samples/simple_embedding/device_embedded_sync.c
+++ b/samples/simple_embedding/device_embedded_sync.c
@@ -28,7 +28,7 @@ iree_status_t create_sample_device(iree_allocator_t host_allocator,
       /*plugin_manager=*/NULL, host_allocator, &loader));
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("dylib");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   iree_status_t status = iree_hal_allocator_create_heap(
       identifier, host_allocator, host_allocator, &device_allocator);
diff --git a/samples/simple_embedding/device_vmvx_sync.c b/samples/simple_embedding/device_vmvx_sync.c
index b1ab903..4302c06 100644
--- a/samples/simple_embedding/device_vmvx_sync.c
+++ b/samples/simple_embedding/device_vmvx_sync.c
@@ -34,7 +34,7 @@ iree_status_t create_sample_device(iree_allocator_t host_allocator,
   iree_vm_instance_release(instance);
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("vmvx");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   if (iree_status_is_ok(status)) {
     status = iree_hal_allocator_create_heap(identifier, host_allocator,
diff --git a/samples/simple_vec_mul/device_static_sync.c b/samples/simple_vec_mul/device_static_sync.c
index 8a3c5d5..fee0db1 100644
--- a/samples/simple_vec_mul/device_static_sync.c
+++ b/samples/simple_vec_mul/device_static_sync.c
@@ -34,7 +34,7 @@ iree_status_t create_sample_device(iree_allocator_t host_allocator,
       iree_hal_executable_import_provider_null(), host_allocator, loader);
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("sync");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   if (iree_status_is_ok(status)) {
     status = iree_hal_allocator_create_heap(identifier, host_allocator,
diff --git a/samples/simple_vec_mul/device_vmvx_sync.c b/samples/simple_vec_mul/device_vmvx_sync.c
index 0b17ecb..c490137 100644
--- a/samples/simple_vec_mul/device_vmvx_sync.c
+++ b/samples/simple_vec_mul/device_vmvx_sync.c
@@ -32,7 +32,7 @@ iree_status_t create_sample_device(iree_allocator_t host_allocator,
   iree_vm_instance_release(instance);
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("vmvx");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   if (iree_status_is_ok(status)) {
     status = iree_hal_allocator_create_heap(identifier, host_allocator,
diff --git a/samples/static_library/static_library_demo.c b/samples/static_library/static_library_demo.c
index 525a8a1..2c2f266 100644
--- a/samples/static_library/static_library_demo.c
+++ b/samples/static_library/static_library_demo.c
@@ -44,7 +44,7 @@ iree_status_t create_device_with_static_loader(iree_allocator_t host_allocator,
       &library_loader);
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("sync");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   if (iree_status_is_ok(status)) {
     status = iree_hal_allocator_create_heap(identifier, host_allocator,
diff --git a/samples/vision_inference/static_library_mnist.c b/samples/vision_inference/static_library_mnist.c
index 429341f..592fc65 100644
--- a/samples/vision_inference/static_library_mnist.c
+++ b/samples/vision_inference/static_library_mnist.c
@@ -53,7 +53,7 @@ iree_status_t create_device_with_static_loader(iree_allocator_t host_allocator,
       &library_loader);
 
   // Use the default host allocator for buffer allocations.
-  iree_string_view_t identifier = iree_make_cstring_view("sync");
+  iree_string_view_t identifier = iree_make_cstring_view("local-sync");
   iree_hal_allocator_t* device_allocator = NULL;
   if (iree_status_is_ok(status)) {
     status = iree_hal_allocator_create_heap(identifier, host_allocator,
diff --git a/third_party/iree b/third_party/iree
index b8370b8..d39c3c5 160000
--- a/third_party/iree
+++ b/third_party/iree
@@ -1 +1 @@
-Subproject commit b8370b8c3a9edfdd95f2bbd2cc303751649e54c7
+Subproject commit d39c3c56682e006e842b32aa6f38c272f77c8f3c