Facing unknown docker flag --compress while using build.sh

I am using latest docker version :

Version: 24.0.5
API version: 1.43
Go version: go1.20.3
Git commit: 24.0.5-0ubuntu1~22.04.1

Getting error :

DCGM/dcgmbuild$ ./build.sh -r --deb
+++ realpath ./build.sh
++ dirname /home/sdp/prems/DCGM/dcgmbuild/build.sh

• DIR=/home/sdp/prems/DCGM/dcgmbuild
• BASE_DOCKERFILE=base.dockerfile
• DCGMBUILD_IMAGE_NAME=dcgmbuild
  ++ sha256sum base.dockerfile
  ++ head -c6
• DCGMBUILD_BASE_VERSION=gcc11-cc22f0
• DCGMBUILD_BASE_TAG=dcgmbuild:base-gcc11-cc22f0
• DOCKER_BUILD_OPTIONS='--platform=linux/amd64 --load --network=host'
• default_targets=("x86_64" "aarch64" "powerpc64le")
• [[ 2 -gt 0 ]]
• targets=("$@")
• echo 'Building for targets: -r' --deb
  Building for targets: -r --deb
• for target in "${targets[@]}"
• CURRENT_BASE_TAG=dcgmbuild:base-gcc11-cc22f0--r
• CURRENT_CHILD_TAG=dcgmbuild--r
• image_exists dcgmbuild:base-gcc11-cc22f0--r
• docker inspect --type=image --format=ignore dcgmbuild:base-gcc11-cc22f0--r
• return 1
• echo Unable to find dcgmbuild:base-gcc11-cc22f0--r. Building ...
  Unable to find dcgmbuild:base-gcc11-cc22f0--r. Building ...
• docker_build -t dcgmbuild:base-gcc11-cc22f0--r --build-arg TARGET=-r -f base.dockerfile /home/sdp/prems/DCGM/dcgmbuild
• docker buildx build --platform=linux/amd64 --load --network=host -t dcgmbuild:base-gcc11-cc22f0--r --build-arg TARGET=-r -f base.dockerfile /home/sdp/prems/DCGM/dcgmbuild
  unknown flag: --platform
  See 'docker --help'.

Start with build.sh and the docker_build invocation shown in the report, then check how the installed Docker command handles the listed build options. Reproduce ./build.sh -r --deb with the reported Docker version. Done means the script no longer fails on the reported unknown flag and the requested build proceeds.