Amazon has introduced Chronos-2, an original and groundbreaking time series foundation model that redefines forecasting by extending capabilities from traditional univariate predictions to universal applications. This innovative model employs in-context learning to proficiently manage univariate, multivariate, and covariate-informed forecasting tasks in a zero-shot manner. Chronos-2 demonstrates superior performance against current benchmarks, streamlining production workflows and delivering enhanced accuracy for intricate real-world challenges such as cloud resource management and retail demand. Now available as open-source, it provides powerful probabilistic forecasting functionalities.