arXiv AI By Hemanth Ram, Sai Shankar Narasimhan, Shubhankar Agarwal, Sandeep Chinchali

TSFM Meets LLM: Context as Covariates

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The paper introduces Context as Covariates (CoCo), a forecasting framework that combines Large Language Models (LLMs) and Time Series Foundation Models (TSFMs). It generates realistic multimodal datasets by annotating real-world time series with LLMs and aligns the two models through staged fine‑tuning: first using Group Relative Policy Optimization to improve the LLM’s covariate generation, then fine‑tuning the TSFM on those covariates. Experiments on synthetic and real benchmarks across finance, economics, weather, traffic, and security show that CoCo can outperform state‑of‑the‑art TSFMs and LLM forecasters by up to 12% MAE.

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