diff --git a/requirements.txt b/requirements.txt
index c353db8..eb6e2fb 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -6,4 +6,4 @@ requests
 seqeval<=0.0.5
 torch<1.14.0
 tqdm
-transformers<4.37
+transformers<4.39
diff --git a/setup.py b/setup.py
index f82a77f..88a6baf 100644
--- a/setup.py
+++ b/setup.py
@@ -73,7 +73,7 @@ def readme():
           'torch==1.13.1',  # the version that came with Lambda
           'tqdm',
           # To avoid Rust compiler-related errors
-          'transformers==4.36.0',
+          'transformers==4.38.0',
           'tokenizers==0.10.3'
       ],
       # zip_safe=False,