diff --git a/aws_lambda_builders/__init__.py b/aws_lambda_builders/__init__.py
index aac6ac77f..9e768cd0d 100644
--- a/aws_lambda_builders/__init__.py
+++ b/aws_lambda_builders/__init__.py
@@ -5,5 +5,5 @@
 # Changing version will trigger a new release!
 # Please make the version change as the last step of your development.
 
-__version__ = "1.47.0"
+__version__ = "1.48.0"
 RPC_PROTOCOL_VERSION = "0.3"
diff --git a/aws_lambda_builders/validator.py b/aws_lambda_builders/validator.py
index 94e4d331b..641bef650 100644
--- a/aws_lambda_builders/validator.py
+++ b/aws_lambda_builders/validator.py
@@ -19,6 +19,7 @@
     "python3.11": [ARM64, X86_64],
     "python3.12": [ARM64, X86_64],
     "ruby3.2": [ARM64, X86_64],
+    "ruby3.3": [ARM64, X86_64],
     "java8": [ARM64, X86_64],
     "java11": [ARM64, X86_64],
     "java17": [ARM64, X86_64],
diff --git a/requirements/dev.txt b/requirements/dev.txt
index 0a2fb3864..6a4d6e2e0 100644
--- a/requirements/dev.txt
+++ b/requirements/dev.txt
@@ -1,12 +1,12 @@
-coverage==7.4.3
+coverage==7.4.4
 flake8==3.8.4
-pytest-cov==4.1.0
+pytest-cov==5.0.0
 
 # Test requirements
 pytest>=6.1.1
 parameterized==0.9.0
-pyelftools~=0.30 # Used to verify the generated Go binary architecture in integration tests (utils.py)
+pyelftools~=0.31 # Used to verify the generated Go binary architecture in integration tests (utils.py)
 
 # formatter
-black==24.2.0
-ruff==0.2.2
+black==24.3.0
+ruff==0.3.4
diff --git a/tests/integration/workflows/ruby_bundler/test_ruby.py b/tests/integration/workflows/ruby_bundler/test_ruby.py
index 5dd491dfb..455df7ecb 100644
--- a/tests/integration/workflows/ruby_bundler/test_ruby.py
+++ b/tests/integration/workflows/ruby_bundler/test_ruby.py
@@ -19,6 +19,7 @@
     ("runtime",),
     [
         ("ruby3.2",),
+        ("ruby3.3",),
     ],
 )
 class TestRubyWorkflow(TestCase):