diff --git a/.generator/schemas/v2/openapi.yaml b/.generator/schemas/v2/openapi.yaml
index 2d470c8f2f02..2247ca8cc59c 100644
--- a/.generator/schemas/v2/openapi.yaml
+++ b/.generator/schemas/v2/openapi.yaml
@@ -59823,6 +59823,7 @@ components:
         - $ref: "#/components/schemas/ObservabilityPipelineDedupeProcessor"
         - $ref: "#/components/schemas/ObservabilityPipelineEnrichmentTableProcessor"
         - $ref: "#/components/schemas/ObservabilityPipelineGenerateMetricsProcessor"
+        - $ref: "#/components/schemas/ObservabilityPipelineGenerateMetricsV2Processor"
         - $ref: "#/components/schemas/ObservabilityPipelineOcsfMapperProcessor"
         - $ref: "#/components/schemas/ObservabilityPipelineParseGrokProcessor"
         - $ref: "#/components/schemas/ObservabilityPipelineParseJSONProcessor"
@@ -60962,6 +60963,50 @@ components:
       type: string
       x-enum-varnames:
         - GENERATE_DATADOG_METRICS
+    ObservabilityPipelineGenerateMetricsV2Processor:
+      description: |-
+        The `generate_metrics` processor creates custom metrics from logs.
+        Metrics can be counters, gauges, or distributions and optionally grouped by log fields.
+        The generated metrics must be routed to a metrics destination using the input `<processor-id>.metrics`.
+
+        **Supported pipeline types:** logs
+      properties:
+        display_name:
+          $ref: "#/components/schemas/ObservabilityPipelineComponentDisplayName"
+        enabled:
+          description: Indicates whether the processor is enabled.
+          example: true
+          type: boolean
+        id:
+          description: The unique identifier for this component. Used to reference this component in other parts of the pipeline.
+          example: generate-metrics-processor
+          type: string
+        include:
+          description: A Datadog search query used to determine which logs this processor targets.
+          example: "service:my-service"
+          type: string
+        metrics:
+          description: Configuration for generating individual metrics.
+          items:
+            $ref: "#/components/schemas/ObservabilityPipelineGeneratedMetric"
+          type: array
+        type:
+          $ref: "#/components/schemas/ObservabilityPipelineGenerateMetricsV2ProcessorType"
+      required:
+        - id
+        - type
+        - enabled
+      type: object
+      x-pipeline-types: [logs]
+    ObservabilityPipelineGenerateMetricsV2ProcessorType:
+      default: generate_metrics
+      description: The processor type. Always `generate_metrics`.
+      enum:
+        - generate_metrics
+      example: generate_metrics
+      type: string
+      x-enum-varnames:
+        - GENERATE_METRICS
     ObservabilityPipelineGeneratedMetric:
       description: |-
         Defines a log-based custom metric, including its name, type, filter, value computation strategy,
diff --git a/lib/datadog_api_client/inflector.rb b/lib/datadog_api_client/inflector.rb
index 6bcb0f8a7651..ed0a434c2b41 100644
--- a/lib/datadog_api_client/inflector.rb
+++ b/lib/datadog_api_client/inflector.rb
@@ -4771,6 +4771,8 @@ def overrides
           "v2.observability_pipeline_generated_metric_metric_type" => "ObservabilityPipelineGeneratedMetricMetricType",
           "v2.observability_pipeline_generate_metrics_processor" => "ObservabilityPipelineGenerateMetricsProcessor",
           "v2.observability_pipeline_generate_metrics_processor_type" => "ObservabilityPipelineGenerateMetricsProcessorType",
+          "v2.observability_pipeline_generate_metrics_v2_processor" => "ObservabilityPipelineGenerateMetricsV2Processor",
+          "v2.observability_pipeline_generate_metrics_v2_processor_type" => "ObservabilityPipelineGenerateMetricsV2ProcessorType",
           "v2.observability_pipeline_google_chronicle_destination" => "ObservabilityPipelineGoogleChronicleDestination",
           "v2.observability_pipeline_google_chronicle_destination_encoding" => "ObservabilityPipelineGoogleChronicleDestinationEncoding",
           "v2.observability_pipeline_google_chronicle_destination_type" => "ObservabilityPipelineGoogleChronicleDestinationType",
diff --git a/lib/datadog_api_client/v2/models/observability_pipeline_config_processor_item.rb b/lib/datadog_api_client/v2/models/observability_pipeline_config_processor_item.rb
index 402c3e6e483b..2dacb572fc85 100644
--- a/lib/datadog_api_client/v2/models/observability_pipeline_config_processor_item.rb
+++ b/lib/datadog_api_client/v2/models/observability_pipeline_config_processor_item.rb
@@ -35,6 +35,7 @@ def openapi_one_of
           :'ObservabilityPipelineDedupeProcessor',
           :'ObservabilityPipelineEnrichmentTableProcessor',
           :'ObservabilityPipelineGenerateMetricsProcessor',
+          :'ObservabilityPipelineGenerateMetricsV2Processor',
           :'ObservabilityPipelineOcsfMapperProcessor',
           :'ObservabilityPipelineParseGrokProcessor',
           :'ObservabilityPipelineParseJSONProcessor',
diff --git a/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor.rb b/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor.rb
new file mode 100644
index 000000000000..edbf7209aede
--- /dev/null
+++ b/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor.rb
@@ -0,0 +1,201 @@
+=begin
+#Datadog API V2 Collection
+
+#Collection of all Datadog Public endpoints.
+
+The version of the OpenAPI document: 1.0
+Contact: support@datadoghq.com
+Generated by: https://github.com/DataDog/datadog-api-client-ruby/tree/master/.generator
+
+ Unless explicitly stated otherwise all files in this repository are licensed under the Apache-2.0 License.
+ This product includes software developed at Datadog (https://www.datadoghq.com/).
+ Copyright 2020-Present Datadog, Inc.
+
+=end
+
+require 'date'
+require 'time'
+
+module DatadogAPIClient::V2
+  # The `generate_metrics` processor creates custom metrics from logs.
+  # Metrics can be counters, gauges, or distributions and optionally grouped by log fields.
+  # The generated metrics must be routed to a metrics destination using the input `<processor-id>.metrics`.
+  # 
+  # **Supported pipeline types:** logs
+  class ObservabilityPipelineGenerateMetricsV2Processor
+    include BaseGenericModel
+
+    # The display name for a component.
+    attr_accessor :display_name
+
+    # Indicates whether the processor is enabled.
+    attr_reader :enabled
+
+    # The unique identifier for this component. Used to reference this component in other parts of the pipeline.
+    attr_reader :id
+
+    # A Datadog search query used to determine which logs this processor targets.
+    attr_accessor :include
+
+    # Configuration for generating individual metrics.
+    attr_accessor :metrics
+
+    # The processor type. Always `generate_metrics`.
+    attr_reader :type
+
+    attr_accessor :additional_properties
+
+    # Attribute mapping from ruby-style variable name to JSON key.
+    # @!visibility private
+    def self.attribute_map
+      {
+        :'display_name' => :'display_name',
+        :'enabled' => :'enabled',
+        :'id' => :'id',
+        :'include' => :'include',
+        :'metrics' => :'metrics',
+        :'type' => :'type'
+      }
+    end
+
+    # Attribute type mapping.
+    # @!visibility private
+    def self.openapi_types
+      {
+        :'display_name' => :'String',
+        :'enabled' => :'Boolean',
+        :'id' => :'String',
+        :'include' => :'String',
+        :'metrics' => :'Array<ObservabilityPipelineGeneratedMetric>',
+        :'type' => :'ObservabilityPipelineGenerateMetricsV2ProcessorType'
+      }
+    end
+
+    # Initializes the object
+    # @param attributes [Hash] Model attributes in the form of hash
+    # @!visibility private
+    def initialize(attributes = {})
+      if (!attributes.is_a?(Hash))
+        fail ArgumentError, "The input argument (attributes) must be a hash in `DatadogAPIClient::V2::ObservabilityPipelineGenerateMetricsV2Processor` initialize method"
+      end
+
+      self.additional_properties = {}
+      # check to see if the attribute exists and convert string to symbol for hash key
+      attributes = attributes.each_with_object({}) { |(k, v), h|
+        if (!self.class.attribute_map.key?(k.to_sym))
+          self.additional_properties[k.to_sym] = v
+        else
+          h[k.to_sym] = v
+        end
+      }
+
+      if attributes.key?(:'display_name')
+        self.display_name = attributes[:'display_name']
+      end
+
+      if attributes.key?(:'enabled')
+        self.enabled = attributes[:'enabled']
+      end
+
+      if attributes.key?(:'id')
+        self.id = attributes[:'id']
+      end
+
+      if attributes.key?(:'include')
+        self.include = attributes[:'include']
+      end
+
+      if attributes.key?(:'metrics')
+        if (value = attributes[:'metrics']).is_a?(Array)
+          self.metrics = value
+        end
+      end
+
+      if attributes.key?(:'type')
+        self.type = attributes[:'type']
+      end
+    end
+
+    # Check to see if the all the properties in the model are valid
+    # @return true if the model is valid
+    # @!visibility private
+    def valid?
+      return false if @enabled.nil?
+      return false if @id.nil?
+      return false if @type.nil?
+      true
+    end
+
+    # Custom attribute writer method with validation
+    # @param enabled [Object] Object to be assigned
+    # @!visibility private
+    def enabled=(enabled)
+      if enabled.nil?
+        fail ArgumentError, 'invalid value for "enabled", enabled cannot be nil.'
+      end
+      @enabled = enabled
+    end
+
+    # Custom attribute writer method with validation
+    # @param id [Object] Object to be assigned
+    # @!visibility private
+    def id=(id)
+      if id.nil?
+        fail ArgumentError, 'invalid value for "id", id cannot be nil.'
+      end
+      @id = id
+    end
+
+    # Custom attribute writer method with validation
+    # @param type [Object] Object to be assigned
+    # @!visibility private
+    def type=(type)
+      if type.nil?
+        fail ArgumentError, 'invalid value for "type", type cannot be nil.'
+      end
+      @type = type
+    end
+
+    # Returns the object in the form of hash, with additionalProperties support.
+    # @return [Hash] Returns the object in the form of hash
+    # @!visibility private
+    def to_hash
+      hash = {}
+      self.class.attribute_map.each_pair do |attr, param|
+        value = self.send(attr)
+        if value.nil?
+          is_nullable = self.class.openapi_nullable.include?(attr)
+          next if !is_nullable || (is_nullable && !instance_variable_defined?(:"@#{attr}"))
+        end
+
+        hash[param] = _to_hash(value)
+      end
+      self.additional_properties.each_pair do |attr, value|
+        hash[attr] = value
+      end
+      hash
+    end
+
+    # Checks equality by comparing each attribute.
+    # @param o [Object] Object to be compared
+    # @!visibility private
+    def ==(o)
+      return true if self.equal?(o)
+      self.class == o.class &&
+          display_name == o.display_name &&
+          enabled == o.enabled &&
+          id == o.id &&
+          include == o.include &&
+          metrics == o.metrics &&
+          type == o.type &&
+          additional_properties == o.additional_properties
+    end
+
+    # Calculates hash code according to all attributes.
+    # @return [Integer] Hash code
+    # @!visibility private
+    def hash
+      [display_name, enabled, id, include, metrics, type, additional_properties].hash
+    end
+  end
+end
diff --git a/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor_type.rb b/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor_type.rb
new file mode 100644
index 000000000000..9195e43a0c2e
--- /dev/null
+++ b/lib/datadog_api_client/v2/models/observability_pipeline_generate_metrics_v2_processor_type.rb
@@ -0,0 +1,26 @@
+=begin
+#Datadog API V2 Collection
+
+#Collection of all Datadog Public endpoints.
+
+The version of the OpenAPI document: 1.0
+Contact: support@datadoghq.com
+Generated by: https://github.com/DataDog/datadog-api-client-ruby/tree/master/.generator
+
+ Unless explicitly stated otherwise all files in this repository are licensed under the Apache-2.0 License.
+ This product includes software developed at Datadog (https://www.datadoghq.com/).
+ Copyright 2020-Present Datadog, Inc.
+
+=end
+
+require 'date'
+require 'time'
+
+module DatadogAPIClient::V2
+  # The processor type. Always `generate_metrics`.
+  class ObservabilityPipelineGenerateMetricsV2ProcessorType
+    include BaseEnumModel
+
+    GENERATE_METRICS = "generate_metrics".freeze
+  end
+end