diff --git a/.github/workflows/build.yaml b/.github/workflows/build.yaml
index bd27709f..f8bbc4da 100644
--- a/.github/workflows/build.yaml
+++ b/.github/workflows/build.yaml
@@ -28,7 +28,7 @@ concurrency:
 jobs:
   conda-python-build:
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/conda-python-build.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/conda-python-build.yaml@python-3.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -37,7 +37,7 @@ jobs:
   upload-conda:
     needs: [conda-python-build]
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/conda-upload-packages.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/conda-upload-packages.yaml@python-3.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -45,7 +45,7 @@ jobs:
       sha: ${{ inputs.sha }}
   wheel-build:
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/wheels-build.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/wheels-build.yaml@python-3.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
@@ -55,7 +55,7 @@ jobs:
   wheel-publish:
     needs: wheel-build
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/wheels-publish.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/wheels-publish.yaml@python-3.12
     with:
       build_type: ${{ inputs.build_type || 'branch' }}
       branch: ${{ inputs.branch }}
diff --git a/.github/workflows/pr.yaml b/.github/workflows/pr.yaml
index 1b00debe..d6a7a770 100644
--- a/.github/workflows/pr.yaml
+++ b/.github/workflows/pr.yaml
@@ -18,34 +18,34 @@ jobs:
       - wheel-build
       - wheel-tests
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/pr-builder.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/pr-builder.yaml@python-3.12
   checks:
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/checks.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/checks.yaml@python-3.12
   conda-python-build:
     needs: checks
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/conda-python-build.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/conda-python-build.yaml@python-3.12
     with:
       build_type: pull-request
   conda-python-tests:
     needs: conda-python-build
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/conda-python-tests.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/conda-python-tests.yaml@python-3.12
     with:
       build_type: pull-request
       container-options: "--cap-add CAP_SYS_PTRACE --shm-size=8g --ulimit=nofile=1000000:1000000"
   wheel-build:
     needs: checks
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/wheels-build.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/wheels-build.yaml@python-3.12
     with:
       build_type: pull-request
       script: ci/build_wheel.sh
   wheel-tests:
     needs: wheel-build
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/wheels-test.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/wheels-test.yaml@python-3.12
     with:
       build_type: pull-request
       script: ci/test_wheel.sh
diff --git a/.github/workflows/test.yaml b/.github/workflows/test.yaml
index b00e932c..cf6255fd 100644
--- a/.github/workflows/test.yaml
+++ b/.github/workflows/test.yaml
@@ -16,7 +16,7 @@ on:
 jobs:
   conda-python-tests:
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/conda-python-tests.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/conda-python-tests.yaml@python-3.12
     with:
       build_type: nightly
       branch: ${{ inputs.branch }}
@@ -25,7 +25,7 @@ jobs:
       container-options: "--cap-add CAP_SYS_PTRACE --shm-size=8g --ulimit=nofile=1000000:1000000"
   wheel-tests:
     secrets: inherit
-    uses: rapidsai/shared-workflows/.github/workflows/wheels-test.yaml@branch-24.10
+    uses: rapidsai/shared-workflows/.github/workflows/wheels-test.yaml@python-3.12
     with:
       build_type: nightly
       branch: ${{ inputs.branch }}
diff --git a/dependencies.yaml b/dependencies.yaml
index a10121b5..ac9a4b78 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -115,8 +115,12 @@ dependencies:
             packages:
               - python=3.11
           - matrix:
+              py: "3.12"
             packages:
-              - python>=3.10,<3.12
+              - python=3.12
+          - matrix:
+            packages:
+              - python>=3.10,<3.13
   build_python:
     common:
       - output_types: [conda, requirements, pyproject]
diff --git a/docs/source/install.rst b/docs/source/install.rst
index b0525650..b41661de 100644
--- a/docs/source/install.rst
+++ b/docs/source/install.rst
@@ -85,11 +85,11 @@ Build Dependencies
 
     conda create -n ucx -c conda-forge \
         automake make libtool pkg-config \
-        "python=3.11" setuptools "cython>=3.0.0"
+        "python=3.12" setuptools "cython>=3.0.0"
 
 .. note::
     The Python version must be explicitly specified here, UCX-Py currently supports
-    only Python 3.10 and 3.11.
+    Python versions 3.10, 3.11, and 3.12.
 
 Test Dependencies
 ^^^^^^^^^^^^^^^^^