diff --git a/requirements/app/app.txt b/requirements/app/app.txt
index c572a3cf03..07e00d1dfb 100644
--- a/requirements/app/app.txt
+++ b/requirements/app/app.txt
@@ -1,4 +1,4 @@
-lightning-cloud == 0.5.58  # Must be pinned to ensure compatibility
+lightning-cloud == 0.5.59  # Must be pinned to ensure compatibility
 packaging
 typing-extensions >=4.4.0, <4.8.0
 deepdiff >=5.7.0, <6.6.0
diff --git a/src/lightning/data/streaming/constants.py b/src/lightning/data/streaming/constants.py
index a1de330a84..b2aa642857 100644
--- a/src/lightning/data/streaming/constants.py
+++ b/src/lightning/data/streaming/constants.py
@@ -26,7 +26,7 @@ _DEFAULT_CACHE_DIR = os.path.join(Path.home(), ".lightning", "chunks")
 # This is required for full pytree serialization / deserialization support
 _TORCH_GREATER_EQUAL_2_1_0 = RequirementCache("torch>=2.1.0")
 _VIZ_TRACKER_AVAILABLE = RequirementCache("viztracer")
-_LIGHTNING_CLOUD_LATEST = RequirementCache("lightning-cloud>=0.5.58")
+_LIGHTNING_CLOUD_LATEST = RequirementCache("lightning-cloud>=0.5.59")
 _BOTO3_AVAILABLE = RequirementCache("boto3")
 
 # DON'T CHANGE ORDER