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Is it something wihch would make PS5 attractive to run local LLM models? I've heard Mac Mini shared CPU/GPU memory makes it popular for that.

No, unified memory is not a panacea. The PS5 GPU is mostly raster-focused and doesn't have good acceleration options outside Vulkan compute.

Your best ~$300-400 option for inference is still the RTX 3060 AFAIK.

The Mac studio also comes with up to 512GiB RAM.

The PS5 only has 8GiB.

The PS5 has 16GiB but your point still stands.