diff --git a/.flowconfig b/.flowconfig
index 250ad8dc83a..55643d39e94 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -91,4 +91,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.237.2
+^0.238.0
diff --git a/package.json b/package.json
index b1a2ef3e67c..57294f9b061 100644
--- a/package.json
+++ b/package.json
@@ -76,7 +76,7 @@
     "eslint-plugin-redundant-undefined": "^0.4.0",
     "eslint-plugin-relay": "^1.8.3",
     "flow-api-translator": "0.22.0",
-    "flow-bin": "^0.237.2",
+    "flow-bin": "^0.238.0",
     "glob": "^7.1.1",
     "hermes-eslint": "0.22.0",
     "hermes-transform": "0.22.0",
diff --git a/scripts/releases/utils/version-utils.js b/scripts/releases/utils/version-utils.js
index 11f79318cb4..5c0962aad11 100644
--- a/scripts/releases/utils/version-utils.js
+++ b/scripts/releases/utils/version-utils.js
@@ -62,6 +62,7 @@ function parseVersion(
 
 function validateBuildType(
   buildType /*: string */,
+  // $FlowFixMe[incompatible-type-guard]
 ) /*: buildType is BuildType */ {
   const validBuildTypes = new Set([
     'release',
diff --git a/yarn.lock b/yarn.lock
index 8b43d111adf..2f126a88c71 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5545,10 +5545,10 @@ flow-api-translator@0.22.0:
     hermes-transform "0.22.0"
     typescript "5.3.2"
 
-flow-bin@^0.237.2:
-  version "0.237.2"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.237.2.tgz#42b0be22acd7fb84c77f39f078fc2f6b7d159fdd"
-  integrity sha512-PlonnPvzTW4nES5YPMwZOJS+IRoaS0ABJWPjsT+5kvLDjXsPerg6A4ftWks4t4gRpPjKSl+6F1BTn9uqWP0inA==
+flow-bin@^0.238.0:
+  version "0.238.0"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.238.0.tgz#dbe9e270ef4cf6916b0d72b09797cc6e160592cb"
+  integrity sha512-WxQM+46MEP9s795Zqy2MwfP1Sv10nhge+q2Agn8aq9raV5Ly00gbwOgHrqJ41zU4/15Ctmu2HWmRqh1+FQ1gOg==
 
 flow-enums-runtime@^0.0.6:
   version "0.0.6"