diff --git a/nbdkit.spec b/nbdkit.spec
index fb606dc..c4006c9 100644
--- a/nbdkit.spec
+++ b/nbdkit.spec
@@ -50,14 +50,11 @@
 # If we should verify tarball signature with GPGv2.
 %global verify_tarball_signature 1
 
-# If there are patches which touch autotools files, set this to 1.
-%global patches_touch_autotools 1
-
 # The source directory.
-%global source_directory 1.37-development
+%global source_directory 1.38-stable
 
 Name:           nbdkit
-Version:        1.37.7
+Version:        1.38.0
 Release:        1%{?dist}
 Summary:        NBD server
 
@@ -92,9 +89,8 @@ Source8:        %{modulename}.fc
 # For applying the patches:
 BuildRequires:  git
 
-%if 0%{patches_touch_autotools}
+# For rebuilding autoconf cruft:
 BuildRequires:  autoconf, automake, libtool
-%endif
 
 BuildRequires:  make
 BuildRequires:  gcc, gcc-c++
@@ -354,7 +350,8 @@ This package contains cURL (HTTP/FTP) support for %{name}.
 # which varies across architectures, RPM does not allow this.
 %package gcs-plugin
 Summary:        Gooogle Cloud Storage plugin %{name}
-Requires:       %{name}-python-plugin >= 1.38
+Requires:       %{name}-python-plugin%{?_isa} = %{version}-%{release}
+Requires:       %{name}-server%{?_isa} = %{version}-%{release}
 # XXX Should not need to add this.
 Requires:       python3-google-cloud-storage
 
@@ -481,7 +478,8 @@ This package lets you write Ruby plugins for %{name}.
 # which varies across architectures, RPM does not allow this.
 %package S3-plugin
 Summary:        Amazon S3 and Ceph plugin for %{name}
-Requires:       %{name}-python-plugin >= 1.22
+Requires:       %{name}-python-plugin%{?_isa} = %{version}-%{release}
+Requires:       %{name}-server%{?_isa} = %{version}-%{release}
 # XXX Should not need to add this.
 Requires:       python3-boto3
 
@@ -769,9 +767,7 @@ development kit for 64 bit versions of Windows.
 %{gpgverify} --keyring='%{SOURCE2}' --signature='%{SOURCE1}' --data='%{SOURCE0}'
 %endif
 %autosetup -p1 -S git
-%if 0%{patches_touch_autotools}
 autoreconf -i
-%endif
 
 
 %build
@@ -1497,6 +1493,10 @@ fi
 
 
 %changelog
+* Mon Apr 15 2024 Miroslav Rezanina <mrezanin@redhat.com> - 1.38.0-1
+- Update to 1.38.0 upstream release
+- Resolves: RHEL-32748
+
 * Sun Feb 11 2024 Richard W.M. Jones <rjones@redhat.com> - 1.37.7-1
 - New upstream development version 1.37.7
 - New nbdkit-gcs-plugin for Google Cloud Storage
diff --git a/sources b/sources
index e18e411..3b095a3 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (nbdkit-1.37.7.tar.gz) = b219562c00da1acaa6f9e5cd69f8e18971093d12662747551ac141459a43b4e5732e58fea1f47fd9d299968d5bc1295889339ceb3b2f595d36d57ed394c34118
-SHA512 (nbdkit-1.37.7.tar.gz.sig) = 05fdd89f2639f0c1cbd6bf134219a0158a503ef207ccd35eb87f1cf63918bec95a83e0a0a5bc8b57aafea0435c416f4d628bfa53f57fbad4cce1f155a60ae687
+SHA512 (nbdkit-1.38.0.tar.gz) = 7817ab29f2c4821237ac9114e820186b6fcbe5658fb702ecd41941fc70ffd060294c3d71fbcb37176f4609d3e25996ea71e20ea58d0aee2c8bf6b4b30254d074
+SHA512 (nbdkit-1.38.0.tar.gz.sig) = e81960962737f57c586bbf4dea9b2f7f208bb7258919ddd808006d4d14582ebd8e6b7d0e9f64ed48176c74c8c6ec00f042060be6a91ac0d8db20a1d936a53b42