diff --git a/services/finetuning/poetry.lock b/services/finetuning/poetry.lock
index 63ecc986..561581e0 100644
--- a/services/finetuning/poetry.lock
+++ b/services/finetuning/poetry.lock
@@ -471,13 +471,13 @@ test = ["pytest (>=6)"]
 
 [[package]]
 name = "fastapi"
-version = "0.115.4"
+version = "0.115.5"
 description = "FastAPI framework, high performance, easy to learn, fast to code, ready for production"
 optional = false
 python-versions = ">=3.8"
 files = [
-    {file = "fastapi-0.115.4-py3-none-any.whl", hash = "sha256:0b504a063ffb3cf96a5e27dc1bc32c80ca743a2528574f9cdc77daa2d31b4742"},
-    {file = "fastapi-0.115.4.tar.gz", hash = "sha256:db653475586b091cb8b2fec2ac54a680ac6a158e07406e1abae31679e8826349"},
+    {file = "fastapi-0.115.5-py3-none-any.whl", hash = "sha256:596b95adbe1474da47049e802f9a65ab2ffa9c2b07e7efee70eb8a66c9f2f796"},
+    {file = "fastapi-0.115.5.tar.gz", hash = "sha256:0e7a4d0dc0d01c68df21887cce0945e72d3c48b9f4f79dfe7a7d53aa08fbb289"},
 ]
 
 [package.dependencies]
@@ -2332,8 +2332,8 @@ testing = ["parameterized", "pytest", "tsfm_public[notebooks]"]
 [package.source]
 type = "git"
 url = "https://github.com/IBM-granite/granite-tsfm.git"
-reference = "v0.2.15"
-resolved_reference = "66a76f9033c769086addd0ec55feb7533cae7214"
+reference = "v0.2.16"
+resolved_reference = "f46398ef88df036dd92f8667c749dfbb58bcbccc"
 
 [[package]]
 name = "typing-extensions"
@@ -2719,4 +2719,4 @@ propcache = ">=0.2.0"
 [metadata]
 lock-version = "2.0"
 python-versions = ">=3.10,<3.13"
-content-hash = "45614349ee1921bb04ce354d38242f7262b1b96f9dcec69ae2c5950f765ed228"
+content-hash = "356dd7a3fdc681faf08c5f74ca22bdb38f452560f77eb97d2c2db5b066cab3ad"
diff --git a/services/finetuning/pyproject.toml b/services/finetuning/pyproject.toml
index 6ffe1a67..dfeb40b2 100644
--- a/services/finetuning/pyproject.toml
+++ b/services/finetuning/pyproject.toml
@@ -30,7 +30,7 @@ __version_tuple__ = (0, 0, 0)
 # including 3.9 causes poetry lock to run forever
 python = ">=3.10,<3.13"
 numpy = { version = "<2" }
-tsfm_public = { git = "https://github.com/IBM-granite/granite-tsfm.git", tag = "v0.2.15", markers = "sys_platform != 'win32'" }
+tsfm_public = { git = "https://github.com/IBM-granite/granite-tsfm.git", tag = "v0.2.16", markers = "sys_platform != 'win32'" }
 
 
 # trying to pick up cpu version for tsfmfinetuning
diff --git a/services/inference/poetry.lock b/services/inference/poetry.lock
index d1260a50..04538866 100644
--- a/services/inference/poetry.lock
+++ b/services/inference/poetry.lock
@@ -710,13 +710,13 @@ test = ["pytest (>=6)"]
 
 [[package]]
 name = "fastapi"
-version = "0.115.4"
+version = "0.115.5"
 description = "FastAPI framework, high performance, easy to learn, fast to code, ready for production"
 optional = false
 python-versions = ">=3.8"
 files = [
-    {file = "fastapi-0.115.4-py3-none-any.whl", hash = "sha256:0b504a063ffb3cf96a5e27dc1bc32c80ca743a2528574f9cdc77daa2d31b4742"},
-    {file = "fastapi-0.115.4.tar.gz", hash = "sha256:db653475586b091cb8b2fec2ac54a680ac6a158e07406e1abae31679e8826349"},
+    {file = "fastapi-0.115.5-py3-none-any.whl", hash = "sha256:596b95adbe1474da47049e802f9a65ab2ffa9c2b07e7efee70eb8a66c9f2f796"},
+    {file = "fastapi-0.115.5.tar.gz", hash = "sha256:0e7a4d0dc0d01c68df21887cce0945e72d3c48b9f4f79dfe7a7d53aa08fbb289"},
 ]
 
 [package.dependencies]
@@ -3120,8 +3120,8 @@ testing = ["parameterized", "pytest", "tsfm_public[notebooks]"]
 [package.source]
 type = "git"
 url = "https://github.com/IBM-granite/granite-tsfm.git"
-reference = "v0.2.15"
-resolved_reference = "66a76f9033c769086addd0ec55feb7533cae7214"
+reference = "v0.2.16"
+resolved_reference = "f46398ef88df036dd92f8667c749dfbb58bcbccc"
 
 [[package]]
 name = "typing-extensions"
@@ -3579,4 +3579,4 @@ testing = ["coverage[toml]", "zope.event", "zope.testing"]
 [metadata]
 lock-version = "2.0"
 python-versions = ">=3.10,<3.13"
-content-hash = "d01fb572aff62058b73735dd511c7f82fd347131ca35dca0d4de57d10e678fde"
+content-hash = "eae5bfa060591e7091716f51d87268d18185ddcf7bdff932c8377b804f77647b"
diff --git a/services/inference/pyproject.toml b/services/inference/pyproject.toml
index 419b8816..8ab99b87 100644
--- a/services/inference/pyproject.toml
+++ b/services/inference/pyproject.toml
@@ -30,7 +30,7 @@ __version_tuple__ = (0, 0, 0)
 # including 3.9 causes poetry lock to run forever
 python = ">=3.10,<3.13"
 numpy = { version = "<2" }
-tsfm_public = { git = "https://github.com/IBM-granite/granite-tsfm.git", tag = "v0.2.15", markers = "sys_platform != 'win32'" }
+tsfm_public = { git = "https://github.com/IBM-granite/granite-tsfm.git", tag = "v0.2.16", markers = "sys_platform != 'win32'" }
 
 # trying to pick up cpu version for tsfminference
 # to make image smaller