diff --git a/src/lightning/fabric/strategies/deepspeed.py b/src/lightning/fabric/strategies/deepspeed.py
index 07e01e7674..93a17f10c8 100644
--- a/src/lightning/fabric/strategies/deepspeed.py
+++ b/src/lightning/fabric/strategies/deepspeed.py
@@ -43,6 +43,7 @@ if TYPE_CHECKING:
     from deepspeed import DeepSpeedEngine
 
 _DEEPSPEED_AVAILABLE = RequirementCache("deepspeed")
+_DEEPSPEED_GREATER_EQUAL_0_14_1 = RequirementCache("deepspeed>=0.14.1")
 
 
 # TODO(fabric): Links in the docstrings to PL-specific deepspeed user docs need to be replaced.
@@ -498,7 +499,10 @@ class DeepSpeedStrategy(DDPStrategy, _Sharded):
             )
         engine = engines[0]
 
-        from deepspeed.runtime import DeepSpeedOptimizer
+        if _DEEPSPEED_GREATER_EQUAL_0_14_1:
+            from deepspeed.runtime.base_optimizer import DeepSpeedOptimizer
+        else:
+            from deepspeed.runtime import DeepSpeedOptimizer
 
         optimzer_state_requested = any(isinstance(item, (Optimizer, DeepSpeedOptimizer)) for item in state.values())