diff --git a/pyproject.toml b/pyproject.toml
index 16fc82f44ed1..e661415f79c4 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -150,7 +150,7 @@ portalocker = "^2.7.0"
 pypred = "^0.4.0"
 structlog = "^23.1.0"
 structlog-sentry = "^2.0.2"
-langchain = "^0.0.223"
+langchain = "^0.0.294"
 jinja2 = "^3.0.0"
 openai = "^0.27.8"
 dnspython = "2.3.0"
diff --git a/rasa/shared/utils/llm.py b/rasa/shared/utils/llm.py
index 5ee795da6650..e86c598bb5aa 100644
--- a/rasa/shared/utils/llm.py
+++ b/rasa/shared/utils/llm.py
@@ -2,7 +2,7 @@
 import warnings
 
 import structlog
-from langchain.embeddings.base import Embeddings
+from langchain.schema.embeddings import Embeddings
 from langchain.llms.base import BaseLLM
 from langchain.llms.loading import load_llm_from_config
 from langchain.cache import SQLiteCache