diff --git a/airflow/providers/databricks/provider.yaml b/airflow/providers/databricks/provider.yaml
index 6bc0bbfe877f0..ddc22d4a4ca33 100644
--- a/airflow/providers/databricks/provider.yaml
+++ b/airflow/providers/databricks/provider.yaml
@@ -60,12 +60,6 @@ versions:
   - 1.0.1
   - 1.0.0
 
-
-# Databricks is excluded for Python 3.12 because running databricks-sql-python imports on Python 3.12
-# Cause extremely long import times  https://github.com/databricks/databricks-sql-python/issues/369
-# and until the problem is fixed, we exclude Python 3.12 for Databricks provider
-excluded-python-versions: ['3.12']
-
 dependencies:
   - apache-airflow>=2.6.0
   - apache-airflow-providers-common-sql>=1.10.0
diff --git a/generated/provider_dependencies.json b/generated/provider_dependencies.json
index 480ebc76fe75b..10d50d9bbad3a 100644
--- a/generated/provider_dependencies.json
+++ b/generated/provider_dependencies.json
@@ -377,9 +377,7 @@
     "cross-providers-deps": [
       "common.sql"
     ],
-    "excluded-python-versions": [
-      "3.12"
-    ],
+    "excluded-python-versions": [],
     "state": "ready"
   },
   "datadog": {
diff --git a/pyproject.toml b/pyproject.toml
index 2fe574eaab543..2a26414becc74 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -346,7 +346,8 @@ devel-tests = [
     "aioresponses>=0.7.6",
     "backports.zoneinfo>=0.2.1;python_version<'3.9'",
     "beautifulsoup4>=4.7.1",
-    "coverage>=7.2",
+    # Coverage 7.4.0 added experimental support for Python 3.12 PEP669 which we use in Airflow
+    "coverage>=7.4.0",
     "pytest-asyncio>=0.23.3",
     "pytest-cov>=4.1.0",
     "pytest-icdiff>=0.9",
@@ -665,12 +666,12 @@ common-sql = [ # source: airflow/providers/common/sql/provider.yaml
   "sqlparse>=0.4.2",
 ]
 databricks = [ # source: airflow/providers/databricks/provider.yaml
-  "aiohttp>=3.9.2, <4;python_version != \"3.12\"",
-  "apache-airflow[common_sql];python_version != \"3.12\"",
-  "databricks-sql-connector>=2.0.0, <3.0.0, !=2.9.0;python_version != \"3.12\"",
-  "requests>=2.27.0,<3;python_version != \"3.12\"",
+  "aiohttp>=3.9.2, <4",
+  "apache-airflow[common_sql]",
+  "databricks-sql-connector>=2.0.0, <3.0.0, !=2.9.0",
+  "requests>=2.27.0,<3",
   # Devel dependencies for the databricks provider
-  "deltalake>=0.12.0;python_version != \"3.12\"",
+  "deltalake>=0.12.0",
 ]
 datadog = [ # source: airflow/providers/datadog/provider.yaml
   "datadog>=0.14.0",