diff --git a/demos/gptj_causal_lm/python/README.md b/demos/gptj_causal_lm/python/README.md
index 63240705a0..ac7ca7ab2e 100755
--- a/demos/gptj_causal_lm/python/README.md
+++ b/demos/gptj_causal_lm/python/README.md
@@ -1,4 +1,6 @@
-# GPT-J Causal Language Modeling Demo {#ovms_demo_gptj_causal_lm}
+# [DEPRECATED] GPT-J Causal Language Modeling Demo {#ovms_demo_gptj_causal_lm}
+
+**This demo is deprecated and will be removed in 2024.0. Check out new [python demos](../../python_demos) for latest examples with language models.**
 
 ### Introduction
 This demo illustrates usage of GPT-like models in OpenVINO™ Model Server. GPT-J 6B model used in this example can be found at [huggingface](https://huggingface.co/EleutherAI/gpt-j-6B) (~25GB). Steps below automate download and conversion steps to be able to load it using OpenVINO™. Example python client provided at the end of the document requests Model Server for the next word of the sentence until `EOS` (end of sequence) token is received. 
diff --git a/demos/gptj_causal_lm/python/requirements.txt b/demos/gptj_causal_lm/python/requirements.txt
index 97ca8bbc96..3e87601365 100755
--- a/demos/gptj_causal_lm/python/requirements.txt
+++ b/demos/gptj_causal_lm/python/requirements.txt
@@ -2,6 +2,6 @@ accelerate==0.20.3
 numpy==1.23
 torch==1.13.1
 onnx==1.15.0
-optimum[openvino,nncf]==1.14.1
+optimum[openvino,nncf]>=1.14.1
 ovmsclient
-openvino
+openvino==2023.2.0