diff --git a/label_studio_ml/examples/huggingface_ner/requirements.txt b/label_studio_ml/examples/huggingface_ner/requirements.txt
index b52ab06..07a7b8c 100644
--- a/label_studio_ml/examples/huggingface_ner/requirements.txt
+++ b/label_studio_ml/examples/huggingface_ner/requirements.txt
@@ -1,3 +1,3 @@
-transformers==4.30.2
+transformers==4.38.0
 datasets==2.18.0
 accelerate==0.28.0
\ No newline at end of file