diff --git a/python/requirements_compiled.txt b/python/requirements_compiled.txt
index df48311034..12ebb9b5a2 100644
--- a/python/requirements_compiled.txt
+++ b/python/requirements_compiled.txt
@@ -2300,7 +2300,7 @@ traitlets==5.14.0
     #   nbconvert
     #   nbformat
     #   notebook
-transformers==4.19.1
+transformers==4.48.0
     # via -r /ray/ci/../python/requirements/ml/core-requirements.txt
 trustme==0.9.0
     # via -r /ray/ci/../python/requirements/test-requirements.txt