diff --git a/.github/workflows/release.yaml b/.github/workflows/release.yaml
index ad05b42352c..fb43a2b72ce 100644
--- a/.github/workflows/release.yaml
+++ b/.github/workflows/release.yaml
@@ -48,7 +48,7 @@ jobs:
     - name: Install Rust toolchain
       run: |
         # Set the default toolchain. Installs the toolchain if it is not already installed.
-        rustup default 1.94.0
+        rustup default 1.94.1
         cargo version
     - name: Expose Pythons
       run: |
@@ -175,7 +175,7 @@ jobs:
     - name: Install Rust toolchain
       run: |
         # Set the default toolchain. Installs the toolchain if it is not already installed.
-        rustup default 1.94.0
+        rustup default 1.94.1
         cargo version
     - name: Expose Pythons
       run: |
@@ -338,7 +338,7 @@ jobs:
       with:
         key: macOS14-ARM64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
@@ -473,7 +473,7 @@ jobs:
       with:
         key: Linux-x86_64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
diff --git a/.github/workflows/test.yaml b/.github/workflows/test.yaml
index 7bf769ba9bc..758a91bdb22 100644
--- a/.github/workflows/test.yaml
+++ b/.github/workflows/test.yaml
@@ -54,7 +54,7 @@ jobs:
       with:
         key: Linux-ARM64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
@@ -163,7 +163,7 @@ jobs:
       with:
         key: Linux-x86_64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
@@ -279,7 +279,7 @@ jobs:
       with:
         key: macOS14-ARM64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
@@ -383,7 +383,7 @@ jobs:
     - name: Install Rust toolchain
       run: |
         # Set the default toolchain. Installs the toolchain if it is not already installed.
-        rustup default 1.94.0
+        rustup default 1.94.1
         cargo version
     - name: Expose Pythons
       run: |
@@ -463,7 +463,7 @@ jobs:
     - name: Install Rust toolchain
       run: |
         # Set the default toolchain. Installs the toolchain if it is not already installed.
-        rustup default 1.94.0
+        rustup default 1.94.1
         cargo version
     - name: Expose Pythons
       run: |
@@ -564,7 +564,7 @@ jobs:
       with:
         key: macOS14-ARM64-rustup-${{ hashFiles('src/rust/rust-toolchain') }}-v2
         path: |
-          ~/.rustup/toolchains/1.94.0-*
+          ~/.rustup/toolchains/1.94.1-*
           ~/.rustup/update-hashes
           ~/.rustup/settings.toml
     - name: Cache Cargo
diff --git a/src/rust/rust-toolchain b/src/rust/rust-toolchain
index 8823dbef489..b1dd491cdce 100644
--- a/src/rust/rust-toolchain
+++ b/src/rust/rust-toolchain
@@ -1,4 +1,4 @@
 [toolchain]
-channel = "1.94.0"
+channel = "1.94.1"
 profile = "minimal"
 components = ["clippy", "rustfmt"]