diff --git a/CHANGELOG.md b/CHANGELOG.md
index d7582650..14a12cae 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,8 @@
 ## Unreleased
 * update string checks in initialization method for latent variable and put `empirical_samples` init-method on a deprecation path
 
+* update dependencies to `numpy>=1.7.0,<2.0.0`
+
 * update import in `.plotting.matplot_dep.defaults` due to change in matplotlib
 
 * Correct dl_dm term in student t inference #1065
diff --git a/setup.py b/setup.py
index d63b6812..0c74b1fe 100644
--- a/setup.py
+++ b/setup.py
@@ -140,7 +140,7 @@ except ModuleNotFoundError:
     ext_mods = []
 
 install_requirements = [
-    "numpy>=1.7",
+    "numpy>=1.7,<2.0.0",
     "six",
     "paramz>=0.9.6",
     "cython>=0.29",
@@ -197,7 +197,7 @@ setup(
     include_package_data=True,
     py_modules=["GPy.__init__"],
     test_suite="GPy.testing",
-    setup_requires=["numpy>=1.7"],
+    setup_requires=["numpy>=1.7,<2.0.0"],
     install_requires=install_requirements,
     extras_require={
         "docs": ["sphinx"],