diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1fd22f4..33def06 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,16 @@
 
 All notable changes to this project will be documented in this file.
 
+## [python-v1.38.0]
+
+### Released 2025-11-05
+
+### Changed
+
+- Update collector and instrumentation to latest upstream version
+
+[python-v1.38.0]: https://github.com/SumoLogic/sumologic-otel-lambda/releases/tag/python-v1.38.0
+
 ## [java-v2.19.0]
 
 ### Released 2025-10-15
diff --git a/README.md b/README.md
index bccd934..db7e9c0 100644
--- a/README.md
+++ b/README.md
@@ -7,7 +7,7 @@ Released `sumologic-otel-lambda` layers are available:
 
 - NodeJS layer contains OpenTelemetry JavaScript SDK `v2.0.0` and OpenTelemetry Collector `v0.131.0`. Please see list of [lambda layers](https://github.com/SumoLogic/sumologic-otel-lambda/blob/release-nodejs-v2.0.0/nodejs/README.md).
 
-- Python layer contains OpenTelemetry Python SDK `v1.32.0` with instrumentation `v0.53b0` and OpenTelemetry Collector `v0.123.0`. Please see list of [lambda layers](https://github.com/SumoLogic/sumologic-otel-lambda/blob/release-python-v1.32.0/python/README.md).
+- Python layer contains OpenTelemetry Python SDK `v1.38.0` with instrumentation `v0.59b0` and OpenTelemetry Collector `v0.138.0`. Please see list of [lambda layers](https://github.com/SumoLogic/sumologic-otel-lambda/blob/release-python-v1.38.0/python/README.md).
 
 ## Sample applications
 
diff --git a/opentelemetry-lambda b/opentelemetry-lambda
index 6c6c5a2..93e779f 160000
--- a/opentelemetry-lambda
+++ b/opentelemetry-lambda
@@ -1 +1 @@
-Subproject commit 6c6c5a2c2dd1c1b58b0519477aed2f7508400baf
+Subproject commit 93e779f9f2ce867c87b85a65e5649bd1ebddaa31
diff --git a/python/README.md b/python/README.md
index 7b9e0c4..ffc7746 100644
--- a/python/README.md
+++ b/python/README.md
@@ -9,48 +9,48 @@ Sumo Logic lambda layers support:
 
 | Region         | ARN                                                                                            |
 |----------------|------------------------------------------------------------------------------------------------|
-| af-south-1     | arn:aws:lambda:af-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1     |
-| ap-east-1      | arn:aws:lambda:ap-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| ap-northeast-1 | arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1 |
-| ap-northeast-2 | arn:aws:lambda:ap-northeast-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1 |
-| ap-northeast-3 | arn:aws:lambda:ap-northeast-3:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1 |
-| ap-south-1     | arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1     |
-| ap-southeast-1 | arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1 |
-| ap-southeast-2 | arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1 |
-| ca-central-1   | arn:aws:lambda:ca-central-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1   |
-| eu-central-1   | arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1   |
-| eu-north-1     | arn:aws:lambda:eu-north-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1     |
-| eu-south-1     | arn:aws:lambda:eu-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1     |
-| eu-west-1      | arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| eu-west-2      | arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| eu-west-3      | arn:aws:lambda:eu-west-3:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| me-south-1     | arn:aws:lambda:me-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1     |
-| sa-east-1      | arn:aws:lambda:sa-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| us-east-1      | arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| us-east-2      | arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| us-west-1      | arn:aws:lambda:us-west-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
-| us-west-2      | arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-32-0:1      |
+| af-south-1     | arn:aws:lambda:af-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1     |
+| ap-east-1      | arn:aws:lambda:ap-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| ap-northeast-1 | arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1 |
+| ap-northeast-2 | arn:aws:lambda:ap-northeast-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1 |
+| ap-northeast-3 | arn:aws:lambda:ap-northeast-3:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1 |
+| ap-south-1     | arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1     |
+| ap-southeast-1 | arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1 |
+| ap-southeast-2 | arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1 |
+| ca-central-1   | arn:aws:lambda:ca-central-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1   |
+| eu-central-1   | arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1   |
+| eu-north-1     | arn:aws:lambda:eu-north-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1     |
+| eu-south-1     | arn:aws:lambda:eu-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1     |
+| eu-west-1      | arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| eu-west-2      | arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| eu-west-3      | arn:aws:lambda:eu-west-3:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| me-south-1     | arn:aws:lambda:me-south-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1     |
+| sa-east-1      | arn:aws:lambda:sa-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| us-east-1      | arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| us-east-2      | arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| us-west-1      | arn:aws:lambda:us-west-1:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
+| us-west-2      | arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-lambda-python-x86_64-v1-38-0:1      |
 
 ## ARM64 Lambda Layers List
 
 | Region         | ARN                                                                                           |
 |----------------|-----------------------------------------------------------------------------------------------|
-| ap-northeast-1 | arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1 |
-| ap-northeast-3 | arn:aws:lambda:ap-northeast-3:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1 |
-| ap-south-1     | arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1     |
-| ap-southeast-1 | arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1 |
-| ap-southeast-2 | arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1 |
-| eu-central-1   | arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1   |
-| eu-west-1      | arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1      |
-| eu-west-2      | arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1      |
-| us-east-1      | arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1      |
-| us-east-2      | arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1      |
-| us-west-2      | arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-32-0:1      |
+| ap-northeast-1 | arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1 |
+| ap-northeast-3 | arn:aws:lambda:ap-northeast-3:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1 |
+| ap-south-1     | arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1     |
+| ap-southeast-1 | arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1 |
+| ap-southeast-2 | arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1 |
+| eu-central-1   | arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1   |
+| eu-west-1      | arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1      |
+| eu-west-2      | arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1      |
+| us-east-1      | arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1      |
+| us-east-2      | arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1      |
+| us-west-2      | arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-lambda-python-arm64-v1-38-0:1      |
 
 ## Lambda Container dependencies
 
-- [amd64 containers](https://github.com/SumoLogic/sumologic-otel-lambda/releases/download/python-v1.32.0/opentelemetry-python-amd64.zip)
-- [arm64 containers](https://github.com/SumoLogic/sumologic-otel-lambda/releases/download/python-v1.32.0/opentelemetry-python-arm64.zip)
+- [amd64 containers](https://github.com/SumoLogic/sumologic-otel-lambda/releases/download/python-v1.38.0/opentelemetry-python-amd64.zip)
+- [arm64 containers](https://github.com/SumoLogic/sumologic-otel-lambda/releases/download/python-v1.38.0/opentelemetry-python-arm64.zip)
 
 ## Sample applications
 
diff --git a/python/layer-data.sh b/python/layer-data.sh
index 222fa4c..3aa3a67 100755
--- a/python/layer-data.sh
+++ b/python/layer-data.sh
@@ -4,6 +4,6 @@ OFFICIAL_LAYER_NAME=sumologic-otel-lambda-python
 ARCHITECTURE_AMD=x86_64
 ARCHITECTURE_ARM=arm64
 RUNTIMES='python3.9 python3.10 python3.11 python3.12 python3.13'
-DESCRIPTION='Sumo Logic OTEL Collector and Python Lambda Layer https://github.com/SumoLogic/sumologic-otel-lambda/tree/release-python-v1.32.0/python'
+DESCRIPTION='Sumo Logic OTEL Collector and Python Lambda Layer https://github.com/SumoLogic/sumologic-otel-lambda/tree/release-python-v1.38.0/python'
 LICENSE=Apache-2.0
-VERSION=v1-32-0
+VERSION=v1-38-0
diff --git a/python/sample-apps/template.yaml b/python/sample-apps/template.yaml
index 716b6d0..fc141d2 100644
--- a/python/sample-apps/template.yaml
+++ b/python/sample-apps/template.yaml
@@ -49,34 +49,34 @@ Outputs:
 Mappings:
   RegionMap:
     ap-northeast-1:
-      layer: "arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ap-northeast-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     ap-northeast-2:
-      layer: "arn:aws:lambda:ap-northeast-2:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ap-northeast-2:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     ap-south-1:
-      layer: "arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ap-south-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     ap-southeast-1:
-      layer: "arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ap-southeast-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     ap-southeast-2:
-      layer: "arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ap-southeast-2:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     ca-central-1:
-      layer: "arn:aws:lambda:ca-central-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:ca-central-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     eu-central-1:
-      layer: "arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:eu-central-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     eu-north-1:
-      layer: "arn:aws:lambda:eu-north-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:eu-north-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     eu-west-1:
-      layer: "arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:eu-west-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     eu-west-2:
-      layer: "arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:eu-west-2:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     eu-west-3:
-      layer: "arn:aws:lambda:eu-west-3:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:eu-west-3:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     sa-east-1:
-      layer: "arn:aws:lambda:sa-east-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:sa-east-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     us-east-1:
-      layer: "arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:us-east-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     us-east-2:
-      layer: "arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:us-east-2:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     us-west-1:
-      layer: "arn:aws:lambda:us-west-1:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:us-west-1:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"
     us-west-2:
-      layer: "arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-python-x86_64-v1-32-0:1"
+      layer: "arn:aws:lambda:us-west-2:663229565520:layer:sumologic-otel-python-x86_64-v1-38-0:1"