IBM Releases Granite Time Series PatchTST-FM-r2 Model with Commercial-Friendly License

Summary

IBM has released the Granite Time Series PatchTST-FM-r2 model for time series forecasting and describes it as state of the art. The available page information says the model has 0.3 billion parameters and uses a commercial-friendly license. It does not provide benchmark results, comparisons, supported datasets, deployment instructions, or detailed licensing terms. The page text also includes a model entry labeled ibm-granite/granite-timeseries-patchtst-fm-r1, so the supplied material does not fully explain the relationship between that entry and the r2 release.