Earlier quoted context omitted.
LLaMA-65B fits in 32GB of VRAM using state of the art GPTQ quantization with no output performance loss. https://github.com/qwopqwop200/GPTQ-for-LLaMa
So if I'm reading this right, 65B at 4bit would consume around 20GB of VRAM and ~130GB of system RAM?
It requires some very minimal system RAM to load the model into VRAM and to compile the 4bit quantized weights.
But if you use pre-quantized weights (get them from HuggingFace or a friend) then all you really need is ~32GB of VRAM and maybe around 2GB of system RAM for 65B. (It's 30B which needs 20GB of VRAM.)