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Hugging Face updates IBM releases SOTA Granite Time Series PatchTST-FM-r2 model with commercial-friendly license

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1. Hugging Face updates IBM releases SOTA Granite Time Series PatchTST-FM-r2 model with commercial-friendly license

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. GIFT-Eval is a comprehensive time series forecasting benchmark designed to evaluate models across diverse forecasting scenarios; the model ranks #2 overall among replicable, zero-shot models.

Proof: The source records 2.0 / 1.0.

Impact: Teams evaluating Hugging Face 2.0 can compare its documented input scope, limits, and deployment fit.

Watch next: For Hugging Face, watch reproducible benchmark details, dataset coverage, and whether users can map the result to real workflows.

Canonical host: huggingface.co

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