Hi @Kiran_Kumar_M , welcome to the Forum!
For now I’d recommend installing JAX 0.4.33 on Google Colab. For example the line below installs PennyLane and JAX v0.4.33.
!pip install pennylane jax==0.4.33
If you already have a session running you may need to restart it after running the install (in the “Runtime” menu).
Let us know if this works for you!