Only in FP16. In the paper they use int4 quantization to reduce it to a quarter of that. In addition to the model weights, there's also a KV cache that takes up considerable amounts of memory, and they use int4 on that as well.
> I wonder what FlexGen is doing.. a naive guess is a mix of SSD and system memory.
That's correct, but other approaches have done this as well. What's "new" here seems to be the optimized data access pattern in combination with some other interesting techniques (prefetching, int4 quantization, CPU offload).