diff --git a/airflow/providers/databricks/provider.yaml b/airflow/providers/databricks/provider.yaml
index ddc22d4a4ca33..6bc0bbfe877f0 100644
--- a/airflow/providers/databricks/provider.yaml
+++ b/airflow/providers/databricks/provider.yaml
@@ -60,6 +60,12 @@ 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 9a4cf73dcd2e7..0a485d87a7363 100644
--- a/generated/provider_dependencies.json
+++ b/generated/provider_dependencies.json
@@ -377,7 +377,9 @@
     "cross-providers-deps": [
       "common.sql"
     ],
-    "excluded-python-versions": [],
+    "excluded-python-versions": [
+      "3.12"
+    ],
     "state": "ready"
   },
   "datadog": {
diff --git a/pyproject.toml b/pyproject.toml
index 79e470341fadf..3ae5ae3599f65 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -662,12 +662,12 @@ 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",
-  "apache-airflow[common_sql]",
-  "databricks-sql-connector>=2.0.0, <3.0.0, !=2.9.0",
-  "requests>=2.27.0,<3",
+  "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\"",
   # Devel dependencies for the databricks provider
-  "deltalake>=0.12.0",
+  "deltalake>=0.12.0;python_version != \"3.12\"",
 ]
 datadog = [ # source: airflow/providers/datadog/provider.yaml
   "datadog>=0.14.0",