diff --git a/.changes/1.24.40.json b/.changes/1.24.40.json
new file mode 100644
index 0000000000..0e5e87774a
--- /dev/null
+++ b/.changes/1.24.40.json
@@ -0,0 +1,22 @@
+[
+  {
+    "category": "``ec2``",
+    "description": "[``botocore``] Documentation updates for VM Import/Export.",
+    "type": "api-change"
+  },
+  {
+    "category": "``es``",
+    "description": "[``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage.",
+    "type": "api-change"
+  },
+  {
+    "category": "``lookoutvision``",
+    "description": "[``botocore``] This release introduces support for image segmentation models and updates CPU accelerator options for models hosted on edge devices.",
+    "type": "api-change"
+  },
+  {
+    "category": "``opensearch``",
+    "description": "[``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage.",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/.changes/next-release/api-change-ec2-81369.json b/.changes/next-release/api-change-ec2-81369.json
deleted file mode 100644
index 211f8b50a4..0000000000
--- a/.changes/next-release/api-change-ec2-81369.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``ec2``",
-  "description": "[``botocore``] Documentation updates for VM Import/Export."
-}
diff --git a/.changes/next-release/api-change-es-6013.json b/.changes/next-release/api-change-es-6013.json
deleted file mode 100644
index 87f6c90c5a..0000000000
--- a/.changes/next-release/api-change-es-6013.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``es``",
-  "description": "[``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage."
-}
diff --git a/.changes/next-release/api-change-lookoutvision-74469.json b/.changes/next-release/api-change-lookoutvision-74469.json
deleted file mode 100644
index b50accd4e8..0000000000
--- a/.changes/next-release/api-change-lookoutvision-74469.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``lookoutvision``",
-  "description": "[``botocore``] This release introduces support for image segmentation models and updates CPU accelerator options for models hosted on edge devices."
-}
diff --git a/.changes/next-release/api-change-opensearch-84348.json b/.changes/next-release/api-change-opensearch-84348.json
deleted file mode 100644
index f1e4e6c625..0000000000
--- a/.changes/next-release/api-change-opensearch-84348.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``opensearch``",
-  "description": "[``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage."
-}
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index ad4e67fa11..aa7c0a304e 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,15 @@
 CHANGELOG
 =========
 
+1.24.40
+=======
+
+* api-change:``ec2``: [``botocore``] Documentation updates for VM Import/Export.
+* api-change:``es``: [``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage.
+* api-change:``lookoutvision``: [``botocore``] This release introduces support for image segmentation models and updates CPU accelerator options for models hosted on edge devices.
+* api-change:``opensearch``: [``botocore``] This release adds support for gp3 EBS (Elastic Block Store) storage.
+
+
 1.24.39
 =======
 
diff --git a/boto3/__init__.py b/boto3/__init__.py
index abedf94fd7..b4a14c10ae 100644
--- a/boto3/__init__.py
+++ b/boto3/__init__.py
@@ -17,7 +17,7 @@
 from boto3.session import Session
 
 __author__ = 'Amazon Web Services'
-__version__ = '1.24.39'
+__version__ = '1.24.40'
 
 
 # The default Boto3 session; autoloaded when needed.
diff --git a/setup.cfg b/setup.cfg
index dbdac045ab..5ba9df7cf9 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-    botocore>=1.27.39,<1.28.0
+    botocore>=1.27.40,<1.28.0
     jmespath>=0.7.1,<2.0.0
     s3transfer>=0.6.0,<0.7.0
 
diff --git a/setup.py b/setup.py
index fe8400be61..8d4f0f96c1 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 
 requires = [
-    'botocore>=1.27.39,<1.28.0',
+    'botocore>=1.27.40,<1.28.0',
     'jmespath>=0.7.1,<2.0.0',
     's3transfer>=0.6.0,<0.7.0',
 ]