diff --git a/.github/workflows/run_tests.yml b/.github/workflows/run_tests.yml
index 18d601e45..b4aea72a2 100644
--- a/.github/workflows/run_tests.yml
+++ b/.github/workflows/run_tests.yml
@@ -59,7 +59,7 @@ jobs:
       fail-fast: false
       matrix:
         os: [ubuntu-20.04] # cannot test on macOS as docker isn't supported on Mac
-        rai_v: [1.2.4, 1.2.5] # versions of RedisAI
+        rai_v: [1.2.7] # versions of RedisAI
         py_v: ['3.7.x', '3.8.x', '3.9.x', '3.10.x'] # versions of Python
         compiler: [intel, 8, 9, 10, 11] # intel compiler, and versions of GNU compiler
     env:
diff --git a/Makefile b/Makefile
index 3c709379b..4afa911ea 100644
--- a/Makefile
+++ b/Makefile
@@ -59,7 +59,7 @@ SR_TEST_REDIS_MODE := Clustered
 SR_TEST_UDS_FILE := /tmp/redis.sock
 SR_TEST_PORT := 6379
 SR_TEST_NODES := 3
-SR_TEST_REDISAI_VER := v1.2.3
+SR_TEST_REDISAI_VER := v1.2.7
 SR_TEST_DEVICE := cpu
 SR_TEST_PYTEST_FLAGS := -vv -s
 
diff --git a/doc/changelog.rst b/doc/changelog.rst
index edbcae888..4d47776c1 100644
--- a/doc/changelog.rst
+++ b/doc/changelog.rst
@@ -8,13 +8,16 @@ To be released at some future point in time
 
 Description
 
+- Updated the third-party RedisAI component
 - Updated the third-party lcov component
 
 Detailed Notes
 
-- Updated lcov from version 1.15 to 2.0 (PR395_)
+- Updated from RedisAI v1.2.3 (test target)/v1.2.4 and v1.2.5 (CI/CD pipeline) to v1.2.7 (PR402_)
+- Updated lcov from version 1.15 to 2.0 (PR396_)
 
-.. _PR395: https://github.com/CrayLabs/SmartRedis/pull/395
+.. _PR402: https://github.com/CrayLabs/SmartRedis/pull/402
+.. _PR396: https://github.com/CrayLabs/SmartRedis/pull/396
 
 0.4.2
 -----