The Forecasting Company releases t0-beta for time-series forecasting
The Forecasting Company says its 256-million-parameter model ranks in the top three on GiftEval and FevBench and natively handles historical and known future variables.
TLDR
The Forecasting Company says t0-beta improves on t0-alpha, released in June, both on single-variable data and in handling additional variables used in forecasts. It also describes an independent benchmark run with Macrocosm: a two-year backtest of trading in ERCOT’s day-ahead market. According to the announcement, the company’s models ranked second and third, with reported P&L of +$15 million from trading 100 megawatts every hour.
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