chore: Bump pyproject.toml dependencies (#1178)

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### Description

Bumps the dbt dependencies to include latest releases

### Checklist

- [ ] I have run this code in development and it appears to resolve the
stated issue
- [ ] This PR includes tests, or tests are not required/relevant for
this PR
- [ ] I have updated the `CHANGELOG.md` and added information about my
change to the "dbt-databricks next" section.

---------

Co-authored-by: Ben Cassell <[email protected]>

Author: emmyoop

CHANGELOG.md

@@ -1,5 +1,9 @@
 ## dbt-databricks 1.10.12 (TBD)
 
+### Under the hood
+
+- Update dependency versions ([1178](https://github.com/databricks/dbt-databricks/pull/1178))
+
 ## dbt-databricks 1.10.11 (September 2, 2025)
 
 ### Fixes

pyproject.toml

@@ -24,9 +24,9 @@ classifiers = [
 dependencies = [
     "databricks-sdk>=0.41, <0.64.0",
     "databricks-sql-connector[pyarrow]>=4.0.0, <4.0.6",
-    "dbt-adapters>=1.16.0, <1.16.5",
-    "dbt-common>=1.24.0, <1.29.0",
-    "dbt-core>=1.10.1, <1.10.10",
+    "dbt-adapters>=1.16.0, <1.16.7",
+    "dbt-common>=1.24.0, <1.30.0",
+    "dbt-core>=1.10.1, <1.10.12",
     "dbt-spark>=1.9.0, <1.9.4",
     "keyring>=23.13.0",
     "pydantic>=1.10.0",