IBM releases SOTA Granite Time Series PatchTST-FM-r2 model with commercial-friendly license
What changed
Time-series foundation models are changing the way forecasting systems are built. IBM has released Granite Time Series PatchTST-FM-r2, the latest model in the Granite TSFM family (github, blog). As of September 8, 2026, the model is the top performing zero-shot model released under a permissive, commercial-friendly open-source license (Apache 2.0 and OpenMDW 1.0) among replicable, zero-shot models on the GIFT-Eval leaderboard.
Why it matters
A concrete addition to Practical AI: Tools, Models & Frameworks: it changes what's available to builders today rather than being general commentary.
How it compares
Related prior coverage to compare against:
- Patch Time Series Transformer in Hugging Face
- License to Call: Introducing Transformers Agents 2.0
- Granite 4.0 3B Vision: Compact Multimodal Intelligence for Enterprise Documents
Sources
- IBM releases SOTA Granite Time Series PatchTST-FM-r2 model with commercial-friendly license (huggingface-blog)primary