diff --git a/build.sbt b/build.sbt
index 5c029186..963d011e 100644
--- a/build.sbt
+++ b/build.sbt
@@ -72,7 +72,7 @@ ThisBuild / libraryDependencySchemes +=
 
 // This is used in a couple places
 lazy val fs2Version = "3.13.0"
-lazy val openTelemetryVersion = "1.55.0"
+lazy val openTelemetryVersion = "1.62.0"
 lazy val otel4sVersion = "0.16.0"
 lazy val otel4sSdkVersion = "0.18.0"
 lazy val refinedVersion = "0.11.3"