diff --git a/install_requirements.py b/install_requirements.py
index 3fca161a2c..b5dbd0dddf 100644
--- a/install_requirements.py
+++ b/install_requirements.py
@@ -132,7 +132,7 @@ def python_is_compatible():
 # NOTE: If a newly-fetched version of the executorch repo changes the value of
 # NIGHTLY_VERSION, you should re-run this script to install the necessary
 # package versions.
-NIGHTLY_VERSION = "dev20241218"
+NIGHTLY_VERSION = "dev20250104"
 
 # The pip repository that hosts nightly torch packages.
 TORCH_NIGHTLY_URL = "https://download.pytorch.org/whl/nightly/cpu"