Brew a strong cup of chai tea and set it aside to cool slightly.

In a small saucepan, combine milk, pumpkin puree, caramel sauce, maple syrup, pumpkin pie spice, and vanilla extract. Heat over medium-low heat, stirring frequently, until warm but not boiling.

Using a frother or blender, blend the heated mixture until it becomes frothy.

Pour the chai tea into a mug, then carefully add the frothed pumpkin milk mixture on top.

To prepare the pumpkin cold foam, whisk together heavy cream (or coconut cream), pumpkin puree, powdered sugar, and a pinch of pumpkin pie spice until slightly thickened and foamy. This can be done using a handheld frother or a whisk.

Spoon the pumpkin cold foam gently over the latte.

Drizzle caramel sauce on top and sprinkle with a pinch of pumpkin pie spice for garnish.

Serve immediately and enjoy the cozy flavors!