https://wccftech.com/ios-14-5-and-ipados-14-5-release-date-set-for-next-week/

Apple has confirmed that the brand new iOS 14.5 and iPadOS 14.5 updates for iPhone and iPad is set for release next week.

The Apple Spring Loaded event was packed with loads of announcements. But, in the midst of all that Apple silently stated that in order to use the new AirTag accessory, you will require an update. Said update is iOS 14.5 and iPadOS 14.5, which is all set for release next week.