Can mistral small 3.1 24b instruct 2503 hf run on NVIDIA L40 48GB?

YES — Runs Great

C50Usable

Estimated from fit model

mistral small 3.1 24b instruct 2503 hf needs ~23.5 GB VRAM. NVIDIA L40 48GB has 48.0 GB. With Q4_K_M quantization, expect ~46 tok/s.

Runtime: OllamaCapacity: RoomyBandwidth: HighStack: BasicBottleneck: Balanced

Operating mode

Choose the run profile you care about

Interactive favors responsiveness, while light API and scale-out lean harder on serving readiness. The fit stays the same, but the recommendation lens changes.

Current mode

Balanced

Balanced for general local use. Keeps the ranking neutral across personal and serving workflows.

Capabilities:

Select quantization to explore

Q4_K_M (Medium quality) — 23.5 GB, 46.0 tok/s, Runs well

23.5 GB required48.0 GB available

49% VRAM used

Fit status

Runs well

Decode

46.0 tok/s

TTFT

4206 ms

Safe context

156K

Memory

23.5 GB / 48.0 GB

Memory breakdown

Weights14.6 GB

KV Cache2.8 GB

Runtime1.2 GB

Headroom4.8 GB

See how fast it feels

See how fast it feelsmistral small 3.1 24b instruct 2503 hf on NVIDIA L40 48GB
1st promptCold start — includes initialization
>What is local AI inference?
Local AI inference means running an AI language model directly on your own hardware — your laptop, desktop, or server — instead of sending requests to a remote cloud API.

When you run inference locally the model weights are loaded into your GPU or unified memory. Each token you generate requires reading those weights from memory, so memory bandwidth is the main bottleneck for decode speed.

Key benefits of running locally:
  - Full privacy: your prompts never leave your machine
  - No per-token cost or rate limits
  - Works offline once the model is downloaded
  - Latency depends only on your hardware
2nd promptWarm — model ready, no init overhead
>How much VRAM do I need?
It depends on the model size and quantization level. A rough rule of thumb:

  Model size     Q4 (4-bit)    Q8 (8-bit)    FP16
  7B params      ~4.3 GB       ~7.5 GB       ~14 GB
  13B params     ~7.9 GB       ~13.9 GB      ~26 GB
  70B params     ~42.7 GB      ~74.9 GB      ~140 GB

Most people use 4-bit quantization (Q4_K_M) which gives 90-95% of full quality at a fraction of the memory. A 24 GB GPU can comfortably run most 7B-13B models.
Estimated: 46.0 tok/s decode · 4.2s TTFT (warm) · 115 tok/s prefill

What limits this setup

This setup is broadly balanced for this model.

No major red flags

This recommendation has enough memory headroom and acceptable estimated speed for the selected workload.

Best improvement path

Performance by workload

Workload	Grade	Fit	Decode	TTFT	Context
Chat	C	Runs well	46.0 tok/s	2294 ms	156K
Coding	C	Runs well	46.0 tok/s	4206 ms	156K
Agentic Coding	C	Runs well	46.0 tok/s	6117 ms	156K
Reasoning	C	Runs well	46.0 tok/s	4970 ms	156K
RAG	C	Runs well	46.0 tok/s	7647 ms	156K

Quantization options

How mistral small 3.1 24b instruct 2503 hf (24B params) fits at each quantization level on NVIDIA L40 48GB (48.0 GB usable).

Quant	Bits	VRAM	Quality	Fit
Q2_K	2	9.4 GB	Low	C43
Q3_K_S	3	11.8 GB	Low	C43
NVFP4	4	13.4 GB	Medium	C44
Q4_K_M	4	14.6 GB	Medium	C44
Q5_K_M	5	17.3 GB	High	C45
Q6_K	6	19.7 GB	High	C46
Q8_0Best for your GPU	8	25.7 GB	Very High	C48
F16	16	49.2 GB	Maximum	F0

Get started

Copy-paste commands to run mistral small 3.1 24b instruct 2503 hf on your machine.

Run

lms load hf-maziyarpanahi--mistral-small-3-1-24b-instruct-2503-hf-gguf && lms server start

Frequently asked questions

Can NVIDIA L40 48GB run mistral small 3.1 24b instruct 2503 hf?

Yes, NVIDIA L40 48GB can run mistral small 3.1 24b instruct 2503 hf with a C grade (Runs well). Expected decode speed: 46.0 tok/s.

How much VRAM does mistral small 3.1 24b instruct 2503 hf need?

mistral small 3.1 24b instruct 2503 hf (24B parameters) requires approximately 23.5 GB of memory with Q4_K_M quantization.

What is the best quantization for mistral small 3.1 24b instruct 2503 hf?

The recommended quantization for mistral small 3.1 24b instruct 2503 hf is Q4_K_M, which balances quality and memory efficiency.

What speed will mistral small 3.1 24b instruct 2503 hf run at on NVIDIA L40 48GB?

On NVIDIA L40 48GB, mistral small 3.1 24b instruct 2503 hf achieves approximately 46.0 tokens per second decode speed with a time-to-first-token of 4206ms using Q4_K_M quantization.

Can NVIDIA L40 48GB run mistral small 3.1 24b instruct 2503 hf for coding?

For coding workloads, mistral small 3.1 24b instruct 2503 hf on NVIDIA L40 48GB receives a C grade with 46.0 tok/s and 156K context.

What context window can mistral small 3.1 24b instruct 2503 hf use on NVIDIA L40 48GB?

On NVIDIA L40 48GB, mistral small 3.1 24b instruct 2503 hf can safely use up to 156K tokens of context. The model's official context limit is —, but available memory constrains the safe maximum.

See all results for NVIDIA L40 48GB See all hardware for mistral small 3.1 24b instruct 2503 hf

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