Yes — with 119.4 GB to spare

Olmo 3.1 32B Instruct at Q4_K_M fits your H200 SXM entirely on the GPU at 8K context, at an estimated 160 tokens per second. There is room for its full 64K window.

Fully on GPU 8K context Q4_K_M · 18.1 GB Apache 2.0 Released 10 Dec 2025

The largest fully open model you can audit end to end. Q4 fits 24 GB, tightly.

What hardware do I need for Olmo 3.1 32B Instruct? →

The VRAM budget

weights 18.1 GB
Weights 18.1 GB KV cache @ 8K 1.25 GB Runtime overhead 0.6 GB Free 119.4 GB of 139.4 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
Q8_0 31.9 GB 33.7 GB 64K 91 −0.1% ppl Long context
Q6_K 24.6 GB 26.4 GB 64K 118 −0.4% ppl Long context
Q5_K_M 21.3 GB 23.1 GB 64K 137 −0.8% ppl Long context
Q4_K_M 18.1 GB 20.0 GB 64K 160 −1.9% ppl Recommended
Q3_K_M 14.7 GB 16.5 GB 64K 198 −5.4% ppl Long context
Q2_K 12.6 GB 14.4 GB 64K 231 −15% ppl Long context

Quality is the published perplexity delta against f16 weights. Max context assumes an f16 KV cache; q8_0 roughly doubles it. This model interleaves sliding-window layers (4096 tokens, 16 of 64 layers global), which is why its cache barely grows with context.

How to run it

terminal
$ ollama pull olmo-3:32b
$ OLLAMA_CONTEXT_LENGTH=8192 \
    ollama run olmo-3:32b

The default. One binary, a model registry, an OpenAI-compatible port. More on Ollama.

01Download is 18.1 GB. Keep it on an SSD — a first load off a spinning disk takes minutes.
02Close anything else holding VRAM. A browser with hardware acceleration can sit on 1–2 GB.
03There is room to go to the model's full 64K context on this card.
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