Yes — with 76.0 GB to spare

Olmo 3.1 32B Instruct at Q4_K_M fits your M4 Max · 128 GB entirely in unified memory at 8K context, at an estimated 17 tokens per second. There is room for its full 64K window.

Fully in unified memory 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 76.0 GB of 96.0 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
Q8_0 31.9 GB 33.7 GB 64K 9.6 −0.1% ppl Long context
Q6_K 24.6 GB 26.4 GB 64K 12 −0.4% ppl Long context
Q5_K_M 21.3 GB 23.1 GB 64K 14 −0.8% ppl Long context
Q4_K_M 18.1 GB 20.0 GB 64K 17 −1.9% ppl Recommended
Q3_K_M 14.7 GB 16.5 GB 64K 21 −5.4% ppl Long context
Q2_K 12.6 GB 14.4 GB 64K 24 −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
$ pip install mlx-lm
$ mlx_lm.generate --model mlx-community/Olmo-3.1-32B-Instruct-4bit \
    --max-tokens 512 --prompt "Hello"

Apple's own array framework. The fastest path on Apple Silicon. More on MLX.

01Download is 18.1 GB. Keep it on an SSD — a first load off a spinning disk takes minutes.
02macOS caps what the GPU may wire down at about 96.0 GB of 128 GB. Raising it with iogpu.wired_limit_mb is possible, and risky.
03There is room to go to the model's full 64K context on this card.
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