diff --git a/go.mod b/go.mod
index d88d29fb207..4697eca26ec 100644
--- a/go.mod
+++ b/go.mod
@@ -56,10 +56,10 @@ require (
 	github.com/sigstore/sigstore/pkg/signature/kms/azure v1.8.1
 	github.com/sigstore/sigstore/pkg/signature/kms/gcp v1.8.1
 	github.com/sigstore/sigstore/pkg/signature/kms/hashivault v1.8.1
-	go.opentelemetry.io/otel v1.22.0
+	go.opentelemetry.io/otel v1.23.0
 	go.opentelemetry.io/otel/exporters/jaeger v1.17.0
 	go.opentelemetry.io/otel/sdk v1.22.0
-	go.opentelemetry.io/otel/trace v1.22.0
+	go.opentelemetry.io/otel/trace v1.23.0
 	k8s.io/utils v0.0.0-20230726121419-3b25d923346b
 )
 
@@ -131,7 +131,7 @@ require (
 	github.com/zeebo/errs v1.3.0 // indirect
 	go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.46.1 // indirect
 	go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1 // indirect
-	go.opentelemetry.io/otel/metric v1.22.0 // indirect
+	go.opentelemetry.io/otel/metric v1.23.0 // indirect
 	google.golang.org/genproto/googleapis/api v0.0.0-20231212172506-995d672761c0 // indirect
 	google.golang.org/genproto/googleapis/rpc v0.0.0-20240102182953-50ed04b92917 // indirect
 	gopkg.in/go-jose/go-jose.v2 v2.6.1 // indirect
diff --git a/go.sum b/go.sum
index 65ab6e5ee9f..a7beb84adab 100644
--- a/go.sum
+++ b/go.sum
@@ -1168,16 +1168,16 @@ go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.4
 go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.46.1/go.mod h1:4UoMYEZOC0yN/sPGH76KPkkU7zgiEWYWL9vwmbnTJPE=
 go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1 h1:aFJWCqJMNjENlcleuuOkGAPH82y0yULBScfXcIEdS24=
 go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.46.1/go.mod h1:sEGXWArGqc3tVa+ekntsN65DmVbVeW+7lTKTjZF3/Fo=
-go.opentelemetry.io/otel v1.22.0 h1:xS7Ku+7yTFvDfDraDIJVpw7XPyuHlB9MCiqqX5mcJ6Y=
-go.opentelemetry.io/otel v1.22.0/go.mod h1:eoV4iAi3Ea8LkAEI9+GFT44O6T/D0GWAVFyZVCC6pMI=
+go.opentelemetry.io/otel v1.23.0 h1:Df0pqjqExIywbMCMTxkAwzjLZtRf+bBKLbUcpxO2C9E=
+go.opentelemetry.io/otel v1.23.0/go.mod h1:YCycw9ZeKhcJFrb34iVSkyT0iczq/zYDtZYFufObyB0=
 go.opentelemetry.io/otel/exporters/jaeger v1.17.0 h1:D7UpUy2Xc2wsi1Ras6V40q806WM07rqoCWzXu7Sqy+4=
 go.opentelemetry.io/otel/exporters/jaeger v1.17.0/go.mod h1:nPCqOnEH9rNLKqH/+rrUjiMzHJdV1BlpKcTwRTyKkKI=
-go.opentelemetry.io/otel/metric v1.22.0 h1:lypMQnGyJYeuYPhOM/bgjbFM6WE44W1/T45er4d8Hhg=
-go.opentelemetry.io/otel/metric v1.22.0/go.mod h1:evJGjVpZv0mQ5QBRJoBF64yMuOf4xCWdXjK8pzFvliY=
+go.opentelemetry.io/otel/metric v1.23.0 h1:pazkx7ss4LFVVYSxYew7L5I6qvLXHA0Ap2pwV+9Cnpo=
+go.opentelemetry.io/otel/metric v1.23.0/go.mod h1:MqUW2X2a6Q8RN96E2/nqNoT+z9BSms20Jb7Bbp+HiTo=
 go.opentelemetry.io/otel/sdk v1.22.0 h1:6coWHw9xw7EfClIC/+O31R8IY3/+EiRFHevmHafB2Gw=
 go.opentelemetry.io/otel/sdk v1.22.0/go.mod h1:iu7luyVGYovrRpe2fmj3CVKouQNdTOkxtLzPvPz1DOc=
-go.opentelemetry.io/otel/trace v1.22.0 h1:Hg6pPujv0XG9QaVbGOBVHunyuLcCC3jN7WEhPx83XD0=
-go.opentelemetry.io/otel/trace v1.22.0/go.mod h1:RbbHXVqKES9QhzZq/fE5UnOSILqRt40a21sPw2He1xo=
+go.opentelemetry.io/otel/trace v1.23.0 h1:37Ik5Ib7xfYVb4V1UtnT97T1jI+AoIYkJyPkuL4iJgI=
+go.opentelemetry.io/otel/trace v1.23.0/go.mod h1:GSGTbIClEsuZrGIzoEHqsVfxgn5UkggkflQwDScNUsk=
 go.opentelemetry.io/proto/otlp v0.7.0/go.mod h1:PqfVotwruBrMGOCsRd/89rSnXhoiJIqeYNgFYFoEGnI=
 go.uber.org/atomic v1.3.2/go.mod h1:gD2HeocX3+yG+ygLZcrzQJaqmWj9AIm7n08wl/qW/PE=
 go.uber.org/atomic v1.4.0/go.mod h1:gD2HeocX3+yG+ygLZcrzQJaqmWj9AIm7n08wl/qW/PE=
diff --git a/vendor/go.opentelemetry.io/otel/CHANGELOG.md b/vendor/go.opentelemetry.io/otel/CHANGELOG.md
index fe670d79cc2..ea1f723e264 100644
--- a/vendor/go.opentelemetry.io/otel/CHANGELOG.md
+++ b/vendor/go.opentelemetry.io/otel/CHANGELOG.md
@@ -8,6 +8,54 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 
 ## [Unreleased]
 
+## [1.23.0] 2024-02-06
+
+This release contains the first stable, `v1`, release of the following modules:
+
+- `go.opentelemetry.io/otel/bridge/opencensus`
+- `go.opentelemetry.io/otel/bridge/opencensus/test`
+- `go.opentelemetry.io/otel/example/opencensus`
+- `go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetricgrpc`
+- `go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp`
+- `go.opentelemetry.io/otel/exporters/stdout/stdoutmetric`
+
+See our [versioning policy](VERSIONING.md) for more information about these stability guarantees.
+
+### Added
+
+- Add `WithEndpointURL` option to the `exporters/otlp/otlpmetric/otlpmetricgrpc`, `exporters/otlp/otlpmetric/otlpmetrichttp`, `exporters/otlp/otlptrace/otlptracegrpc` and `exporters/otlp/otlptrace/otlptracehttp` packages. (#4808)
+- Experimental exemplar exporting is added to the metric SDK.
+  See [metric documentation](./sdk/metric/EXPERIMENTAL.md#exemplars) for more information about this feature and how to enable it. (#4871)
+- `ErrSchemaURLConflict` is added to `go.opentelemetry.io/otel/sdk/resource`.
+  This error is returned when a merge of two `Resource`s with different (non-empty) schema URL is attempted. (#4876)
+
+### Changed
+
+- The `Merge` and `New` functions in `go.opentelemetry.io/otel/sdk/resource` now returns a partial result if there is a schema URL merge conflict.
+  Instead of returning `nil` when two `Resource`s with different (non-empty) schema URLs are merged the merged `Resource`, along with the new `ErrSchemaURLConflict` error, is returned.
+  It is up to the user to decide if they want to use the returned `Resource` or not.
+  It may have desired attributes overwritten or include stale semantic conventions. (#4876)
+
+### Fixed
+
+- Fix `ContainerID` resource detection on systemd when cgroup path has a colon. (#4449)
+- Fix `go.opentelemetry.io/otel/sdk/metric` to cache instruments to avoid leaking memory when the same instrument is created multiple times. (#4820)
+- Fix missing `Mix` and `Max` values for `go.opentelemetry.io/otel/exporters/stdout/stdoutmetric` by introducing `MarshalText` and `MarshalJSON` for the `Extrema` type in `go.opentelemetry.io/sdk/metric/metricdata`. (#4827)
+
+## [1.23.0-rc.1] 2024-01-18
+
+This is a release candidate for the v1.23.0 release.
+That release is expected to include the `v1` release of the following modules:
+
+- `go.opentelemetry.io/otel/bridge/opencensus`
+- `go.opentelemetry.io/otel/bridge/opencensus/test`
+- `go.opentelemetry.io/otel/example/opencensus`
+- `go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetricgrpc`
+- `go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp`
+- `go.opentelemetry.io/otel/exporters/stdout/stdoutmetric`
+
+See our [versioning policy](VERSIONING.md) for more information about these stability guarantees.
+
 ## [1.22.0/0.45.0] 2024-01-17
 
 ### Added
@@ -28,7 +76,7 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 ### Changed
 
 - Upgrade all use of `go.opentelemetry.io/otel/semconv` to use `v1.24.0`. (#4754)
-- Update transformations in `go.opentelemetry.io/otel/exporters/zipkin` to follow `v1.19.0` version of the OpenTelemetry specification. (#4754)
+- Update transformations in `go.opentelemetry.io/otel/exporters/zipkin` to follow `v1.24.0` version of the OpenTelemetry specification. (#4754)
 - Record synchronous measurements when the passed context is canceled instead of dropping in `go.opentelemetry.io/otel/sdk/metric`.
   If you do not want to make a measurement when the context is cancelled, you need to handle it yourself (e.g  `if ctx.Err() != nil`). (#4671)
 - Improve `go.opentelemetry.io/otel/trace.TraceState`'s performance. (#4722)
@@ -2775,7 +2823,9 @@ It contains api and sdk for trace and meter.
 - CircleCI build CI manifest files.
 - CODEOWNERS file to track owners of this project.
 
-[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/v1.22.0...HEAD
+[Unreleased]: https://github.com/open-telemetry/opentelemetry-go/compare/v1.23.0...HEAD
+[1.23.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.23.0
+[1.23.0-rc.1]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.23.0-rc.1
 [1.22.0/0.45.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.22.0
 [1.21.0/0.44.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.21.0
 [1.20.0/0.43.0]: https://github.com/open-telemetry/opentelemetry-go/releases/tag/v1.20.0
diff --git a/vendor/go.opentelemetry.io/otel/CODEOWNERS b/vendor/go.opentelemetry.io/otel/CODEOWNERS
index 623740007d4..31d336d9222 100644
--- a/vendor/go.opentelemetry.io/otel/CODEOWNERS
+++ b/vendor/go.opentelemetry.io/otel/CODEOWNERS
@@ -14,4 +14,4 @@
 
 * @MrAlias @Aneurysm9 @evantorrie @XSAM @dashpole @MadVikingGod @pellared @hanyuancheung @dmathieu
 
-CODEOWNERS @MrAlias @MadVikingGod @pellared
\ No newline at end of file
+CODEOWNERS @MrAlias @MadVikingGod @pellared @dashpole
\ No newline at end of file
diff --git a/vendor/go.opentelemetry.io/otel/CONTRIBUTING.md b/vendor/go.opentelemetry.io/otel/CONTRIBUTING.md
index 31857a61738..c9f2bac55bf 100644
--- a/vendor/go.opentelemetry.io/otel/CONTRIBUTING.md
+++ b/vendor/go.opentelemetry.io/otel/CONTRIBUTING.md
@@ -617,13 +617,13 @@ should be canceled.
 
 - [Evan Torrie](https://github.com/evantorrie), Verizon Media
 - [Sam Xie](https://github.com/XSAM), Cisco/AppDynamics
-- [David Ashpole](https://github.com/dashpole), Google
 - [Chester Cheung](https://github.com/hanyuancheung), Tencent
 - [Damien Mathieu](https://github.com/dmathieu), Elastic
 - [Anthony Mirabella](https://github.com/Aneurysm9), AWS
 
 ### Maintainers
 
+- [David Ashpole](https://github.com/dashpole), Google
 - [Aaron Clawson](https://github.com/MadVikingGod), LightStep
 - [Robert Pająk](https://github.com/pellared), Splunk
 - [Tyler Yahn](https://github.com/MrAlias), Splunk
diff --git a/vendor/go.opentelemetry.io/otel/attribute/set.go b/vendor/go.opentelemetry.io/otel/attribute/set.go
index 7e6765b06b7..fb6da51450c 100644
--- a/vendor/go.opentelemetry.io/otel/attribute/set.go
+++ b/vendor/go.opentelemetry.io/otel/attribute/set.go
@@ -427,7 +427,7 @@ func (l *Set) MarshalJSON() ([]byte, error) {
 	return json.Marshal(l.equivalent.iface)
 }
 
-// MarshalLog is the marshaling function used by the logging system to represent this exporter.
+// MarshalLog is the marshaling function used by the logging system to represent this Set.
 func (l Set) MarshalLog() interface{} {
 	kvs := make(map[string]string)
 	for _, kv := range l.ToSlice() {
diff --git a/vendor/go.opentelemetry.io/otel/version.go b/vendor/go.opentelemetry.io/otel/version.go
index c7aba1c3f44..38ba951ed79 100644
--- a/vendor/go.opentelemetry.io/otel/version.go
+++ b/vendor/go.opentelemetry.io/otel/version.go
@@ -16,5 +16,5 @@ package otel // import "go.opentelemetry.io/otel"
 
 // Version is the current release version of OpenTelemetry in use.
 func Version() string {
-	return "1.22.0"
+	return "1.23.0"
 }
diff --git a/vendor/go.opentelemetry.io/otel/versions.yaml b/vendor/go.opentelemetry.io/otel/versions.yaml
index a9cfb80ae5c..028393f078d 100644
--- a/vendor/go.opentelemetry.io/otel/versions.yaml
+++ b/vendor/go.opentelemetry.io/otel/versions.yaml
@@ -14,19 +14,25 @@
 
 module-sets:
   stable-v1:
-    version: v1.22.0
+    version: v1.23.0
     modules:
       - go.opentelemetry.io/otel
+      - go.opentelemetry.io/otel/bridge/opencensus
+      - go.opentelemetry.io/otel/bridge/opencensus/test
       - go.opentelemetry.io/otel/bridge/opentracing
       - go.opentelemetry.io/otel/bridge/opentracing/test
       - go.opentelemetry.io/otel/example/dice
       - go.opentelemetry.io/otel/example/namedtracer
+      - go.opentelemetry.io/otel/example/opencensus
       - go.opentelemetry.io/otel/example/otel-collector
       - go.opentelemetry.io/otel/example/passthrough
       - go.opentelemetry.io/otel/example/zipkin
+      - go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetricgrpc
+      - go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp
       - go.opentelemetry.io/otel/exporters/otlp/otlptrace
       - go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracegrpc
       - go.opentelemetry.io/otel/exporters/otlp/otlptrace/otlptracehttp
+      - go.opentelemetry.io/otel/exporters/stdout/stdoutmetric
       - go.opentelemetry.io/otel/exporters/stdout/stdouttrace
       - go.opentelemetry.io/otel/exporters/zipkin
       - go.opentelemetry.io/otel/metric
@@ -34,16 +40,10 @@ module-sets:
       - go.opentelemetry.io/otel/sdk/metric
       - go.opentelemetry.io/otel/trace
   experimental-metrics:
-    version: v0.45.0
+    version: v0.45.1
     modules:
-      - go.opentelemetry.io/otel/bridge/opencensus
-      - go.opentelemetry.io/otel/bridge/opencensus/test
-      - go.opentelemetry.io/otel/example/opencensus
       - go.opentelemetry.io/otel/example/prometheus
-      - go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetricgrpc
-      - go.opentelemetry.io/otel/exporters/otlp/otlpmetric/otlpmetrichttp
       - go.opentelemetry.io/otel/exporters/prometheus
-      - go.opentelemetry.io/otel/exporters/stdout/stdoutmetric
   experimental-schema:
     version: v0.0.7
     modules:
diff --git a/vendor/modules.txt b/vendor/modules.txt
index a4719cfca4b..2dad1c69f49 100644
--- a/vendor/modules.txt
+++ b/vendor/modules.txt
@@ -936,7 +936,7 @@ go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc/inte
 ## explicit; go 1.20
 go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp
 go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp/internal/semconvutil
-# go.opentelemetry.io/otel v1.22.0
+# go.opentelemetry.io/otel v1.23.0
 ## explicit; go 1.20
 go.opentelemetry.io/otel
 go.opentelemetry.io/otel/attribute
@@ -959,7 +959,7 @@ go.opentelemetry.io/otel/exporters/jaeger/internal/gen-go/agent
 go.opentelemetry.io/otel/exporters/jaeger/internal/gen-go/jaeger
 go.opentelemetry.io/otel/exporters/jaeger/internal/gen-go/zipkincore
 go.opentelemetry.io/otel/exporters/jaeger/internal/third_party/thrift/lib/go/thrift
-# go.opentelemetry.io/otel/metric v1.22.0
+# go.opentelemetry.io/otel/metric v1.23.0
 ## explicit; go 1.20
 go.opentelemetry.io/otel/metric
 go.opentelemetry.io/otel/metric/embedded
@@ -971,7 +971,7 @@ go.opentelemetry.io/otel/sdk/internal
 go.opentelemetry.io/otel/sdk/internal/env
 go.opentelemetry.io/otel/sdk/resource
 go.opentelemetry.io/otel/sdk/trace
-# go.opentelemetry.io/otel/trace v1.22.0
+# go.opentelemetry.io/otel/trace v1.23.0
 ## explicit; go 1.20
 go.opentelemetry.io/otel/trace
 go.opentelemetry.io/otel/trace/embedded