diff --git a/.changes/unreleased/Dependencies-20240410-183321.yaml b/.changes/unreleased/Dependencies-20240410-183321.yaml
new file mode 100644
index 00000000000..4cdcd6af835
--- /dev/null
+++ b/.changes/unreleased/Dependencies-20240410-183321.yaml
@@ -0,0 +1,6 @@
+kind: "Dependencies"
+body: "Bump black from 23.3.0 to >=24.3.0,<25.0"
+time: 2024-04-10T18:33:21.00000Z
+custom:
+  Author: dependabot[bot]
+  PR: 8074
diff --git a/dev-requirements.txt b/dev-requirements.txt
index 95925578b2a..da0ee332952 100644
--- a/dev-requirements.txt
+++ b/dev-requirements.txt
@@ -2,7 +2,7 @@ git+https://github.com/dbt-labs/dbt-adapters.git
 git+https://github.com/dbt-labs/dbt-adapters.git@main#subdirectory=dbt-tests-adapter
 git+https://github.com/dbt-labs/dbt-common.git@main
 git+https://github.com/dbt-labs/dbt-postgres.git@main
-black==23.3.0
+black>=24.3.0,<25.0
 bumpversion
 ddtrace==2.3.0
 docutils