diff --git a/src/fmbench/requirements.txt b/src/fmbench/requirements.txt
index 6c65fb8d..b568f28b 100644
--- a/src/fmbench/requirements.txt
+++ b/src/fmbench/requirements.txt
@@ -1,6 +1,6 @@
 ipywidgets==8.1.1
 sagemaker==2.203.0
-transformers==4.36.2
+transformers==4.38.0
 pandas==2.1.4
 datasets==2.16.1
 seaborn==0.13.1