diff --git a/llmfoundry/data/packing.py b/llmfoundry/data/packing.py
index 5eacced549..6fed96a13d 100644
--- a/llmfoundry/data/packing.py
+++ b/llmfoundry/data/packing.py
@@ -474,7 +474,9 @@ def profile_packing(
 
     # If streaming dataset, use a temporary local folder for profiling
     local_rank_zero = dist.get_global_rank() - dist.get_local_rank()
-    if dataset_cfg.get('remote') is not None:
+    if dataset_cfg.get(
+        'remote',
+    ) is not None and dataset_cfg.get('local') is None:
         tmp_path_to_broadcast = tempfile.TemporaryDirectory().name
         gathered_paths = dist.all_gather_object(tmp_path_to_broadcast)
         tmp_path = gathered_paths[local_rank_zero]
@@ -485,7 +487,8 @@ def profile_packing(
             tmp_path_to_broadcast = tempfile.TemporaryDirectory().name
             gathered_paths = dist.all_gather_object(tmp_path_to_broadcast)
             tmp_path = gathered_paths[local_rank_zero]
-            stream_config['local'] = tmp_path
+            if stream_config.get('local') is None:
+                stream_config['local'] = tmp_path
 
     # Determine the packing_ratio values we'll try
     packing_ratios, raw_batch_sizes = [], []
diff --git a/setup.py b/setup.py
index 6aa1553b5d..57acaddf5a 100644
--- a/setup.py
+++ b/setup.py
@@ -52,11 +52,11 @@
 ]
 
 install_requires = [
-    'mosaicml[libcloud,wandb,oci,gcs,mlflow]>=0.27.0,<0.28',
+    'mosaicml[libcloud,wandb,oci,gcs,mlflow]>=0.28.0,<0.29',
     'mlflow>=2.14.1,<2.19',
     'accelerate>=0.25,<1.2',  # for HF inference `device_map`
     'transformers>=4.43.2,<4.47',
-    'mosaicml-streaming>=0.9.0,<0.10',
+    'mosaicml-streaming>=0.10.0,<0.11',
     'torch>=2.5.1,<2.5.2',
     'datasets>=2.20.0,<2.21',
     'fsspec==2023.6.0',  # newer version results in a bug in datasets that duplicates data
@@ -91,7 +91,7 @@
 ]
 
 extra_deps['databricks'] = [
-    'mosaicml[databricks]>=0.27.0,<0.28',
+    'mosaicml[databricks]>=0.28.0,<0.29',
     'numpy<2',
     'databricks-sql-connector>=3,<4',
     'databricks-connect==14.1.0',
@@ -99,7 +99,7 @@
 ]
 
 extra_deps['tensorboard'] = [
-    'mosaicml[tensorboard]>=0.27.0,<0.28',
+    'mosaicml[tensorboard]>=0.28.0,<0.29',
 ]
 
 # Flash 2 group kept for backwards compatibility
@@ -110,11 +110,11 @@
 extra_deps['gpu'] = copy.deepcopy(extra_deps['gpu-flash2'])
 
 extra_deps['peft'] = [
-    'mosaicml[peft]>=0.27.0,<0.28',
+    'mosaicml[peft]>=0.28.0,<0.29',
 ]
 
 extra_deps['openai'] = [
-    'openai==1.3.8',
+    'openai>=1.56.0,<2.0',
     'tiktoken>=0.4,<0.8.1',
 ]
 
diff --git a/tests/data/test_packing.py b/tests/data/test_packing.py
index 48713f8a19..8402694672 100644
--- a/tests/data/test_packing.py
+++ b/tests/data/test_packing.py
@@ -2,7 +2,7 @@
 # SPDX-License-Identifier: Apache-2.0
 
 from pathlib import Path
-from typing import Any
+from typing import Any, Callable
 from unittest.mock import Mock, patch
 
 import pytest
@@ -161,27 +161,73 @@ def test_dist_auto_packing(profile_packing: Mock):
     assert packing_ratio == 2
 
 
+def get_remote_config(
+    base_cfg: dict,
+    remote_dir: str,
+    local_dir: str,
+) -> DictConfig:
+    return DictConfig({
+        **base_cfg,
+        'dataset': {
+            **base_cfg['dataset'],
+            'remote': remote_dir,
+            'local': local_dir,
+        },
+    })
+
+
+def get_streams_config(
+    base_cfg: dict,
+    remote_dir: str,
+    local_dir: str,
+) -> DictConfig:
+    return DictConfig({
+        **base_cfg,
+        'dataset': {
+            **base_cfg['dataset'],
+            'streams': {
+                'stream_with_remote': {
+                    'remote': remote_dir,
+                    'local': local_dir,
+                },
+                'stream_without_remote': {
+                    'local': remote_dir,
+                },
+            },
+        },
+    })
+
+
 def patched_packing_ratio(*args: Any, **kwargs: Any):
     from llmfoundry.data.packing import auto_packing_ratio
 
     return auto_packing_ratio(*args, **kwargs, num_packing_ratios=4)
 
 
+@pytest.mark.parametrize(
+    'get_config',
+    [
+        get_remote_config,
+        get_streams_config,
+    ],
+)
 @patch(
     'llmfoundry.data.finetuning.dataloader.auto_packing_ratio',
     patched_packing_ratio,
 )
-def test_auto_packing_with_streaming_dataloader(tmp_path: Path):
+def test_auto_packing_with_streaming_dataloader(
+    get_config: Callable[[dict, str, str], DictConfig],
+    tmp_path: Path,
+):
     columns = {'prompt': 'str', 'response': 'str'}
     tokenizer = build_tokenizer('gpt2', {})
     remote_dir = str(tmp_path / 'remote')
     local_dir = str(tmp_path / 'local')
     with MDSWriter(out=remote_dir, columns=columns, compression=None) as out:
         out.write({'prompt': 'HELLO', 'response': 'WORLD'})
-    cfg = DictConfig({
+
+    base_cfg = {
         'dataset': {
-            'remote': remote_dir,
-            'local': local_dir,
             'packing_ratio': 'auto',
             'max_seq_len': 200,
             'decoder_only_format': True,
@@ -194,7 +240,9 @@ def test_auto_packing_with_streaming_dataloader(tmp_path: Path):
         'prefetch_factor': None,
         'persistent_workers': False,
         'timeout': 0,
-    })
+    }
+
+    cfg = get_config(base_cfg, remote_dir, local_dir)
 
     loader = build_finetuning_dataloader(
         **cfg,
@@ -214,7 +262,10 @@ def test_auto_packing_with_streaming_dataloader(tmp_path: Path):
     assert isinstance(loader.batch_size, int)
     assert loader.dataset.packing_ratio == int(loader.batch_size / 6)
 
-    state_dict = loader.dataset.state_dict(num_samples=2, from_beginning=False)
+    state_dict = loader.dataset.state_dict(
+        num_samples=2,
+        from_beginning=False,
+    )
     assert state_dict['sample_in_epoch'] == 2 * loader.dataset.packing_ratio