IBM has released the latest Granite time-series model under a permissive commercial license.

IBM Corporation has unveiled its latest achievement in the time series domain by releasing PatchTST-FM-r2, the second version of its Granite Time Series model. Recognized as state-of-the-art, this model is designed to process temporal data with high accuracy and speed. A key highlight of this release is its commercially friendly license, which resolves common legal barriers typically associated with open-source AI models. Leveraging the PatchTST architecture, PatchTST-FM-r2 enables developers and enterprises to utilize advanced time series analysis for financial forecasting, inventory management, and supply chain planning. The clarity of its commercial license fosters trust among large organizations and facilitates the widespread adoption of this technology in real-world business environments.