diff --git a/apps/shark_studio/api/llm.py b/apps/shark_studio/api/llm.py
index 852f5eff58..a9d39f8e7b 100644
--- a/apps/shark_studio/api/llm.py
+++ b/apps/shark_studio/api/llm.py
@@ -1,10 +1,9 @@
 from turbine_models.custom_models import stateless_llama
+from turbine_models.model_runner import vmfbRunner
+from turbine_models.gen_external_params.gen_external_params import gen_external_params
 import time
-from shark.iree_utils.compile_utils import (
-    get_iree_compiled_module,
-    load_vmfb_using_mmap,
-)
-from apps.shark_studio.web.utils.file_utils import get_resource_path
+from shark.iree_utils.compile_utils import compile_module_to_flatbuffer
+from apps.shark_studio.web.utils import get_resource_path
 import iree.runtime as ireert
 from itertools import chain
 import gc
@@ -16,6 +15,7 @@
     "llama2_7b": {
         "initializer": stateless_llama.export_transformer_model,
         "hf_model_name": "meta-llama/Llama-2-7b-chat-hf",
+        "compile_flags": ["--iree-opt-const-expr-hoisting=False"],
         "stop_token": 2,
         "max_tokens": 4096,
         "system_prompt": """<s>[INST] <<SYS>>Be concise. You are a helpful, respectful and honest assistant. If a question does not make any sense, or is not factually coherent, explain why instead of answering something not correct. If you don't know the answer to a question, please don't share false information. <</SYS>>""",
@@ -23,12 +23,34 @@
     "Trelis/Llama-2-7b-chat-hf-function-calling-v2": {
         "initializer": stateless_llama.export_transformer_model,
         "hf_model_name": "Trelis/Llama-2-7b-chat-hf-function-calling-v2",
+        "compile_flags": ["--iree-opt-const-expr-hoisting=False"],
         "stop_token": 2,
         "max_tokens": 4096,
         "system_prompt": """<s>[INST] <<SYS>>Be concise. You are a helpful, respectful and honest assistant. If a question does not make any sense, or is not factually coherent, explain why instead of answering something not correct. If you don't know the answer to a question, please don't share false information. <</SYS>>""",
     },
+    "TinyPixel/small-llama2": {
+        "initializer": stateless_llama.export_transformer_model,
+        "hf_model_name": "TinyPixel/small-llama2",
+        "compile_flags": ["--iree-opt-const-expr-hoisting=True"],
+        "stop_token": 2,
+        "max_tokens": 1024,
+        "system_prompt": """<s>[INST] <<SYS>>Be concise. You are a helpful, respectful and honest assistant. If a question does not make any sense, or is not factually coherent, explain why instead of answering something not correct. If you don't know the answer to a question, please don't share false information. <</SYS>>""",
+    },
 }
 
+B_INST, E_INST = "[INST]", "[/INST]"
+B_SYS, E_SYS = "<s>", "</s>"
+
+DEFAULT_CHAT_SYS_PROMPT = """<s>[INST] <<SYS>>
+Be concise. You are a helpful, respectful and honest assistant. If a question does not make any sense, or is not factually coherent, explain why instead of answering something not correct. If you don't know the answer to a question, please don't share false information.\n <</SYS>>\n\n
+"""
+
+
+def append_user_prompt(history, input_prompt):
+    user_prompt = f"{B_INST} {input_prompt} {E_INST}"
+    history += user_prompt
+    return history
+
 
 class LanguageModel:
     def __init__(
@@ -36,41 +58,85 @@ def __init__(
         model_name,
         hf_auth_token=None,
         device=None,
-        precision="fp32",
+        quantization="int4",
+        precision="",
         external_weights=None,
         use_system_prompt=True,
+        streaming_llm=False,
     ):
-        print(llm_model_map[model_name])
         self.hf_model_name = llm_model_map[model_name]["hf_model_name"]
-        self.tempfile_name = get_resource_path("llm.torch.tempfile")
-        self.vmfb_name = get_resource_path("llm.vmfb.tempfile")
-        self.device = device
-        self.precision = precision
-        self.safe_name = self.hf_model_name.strip("/").replace("/", "_")
-        self.max_tokens = llm_model_map[model_name]["max_tokens"]
-        self.iree_module_dict = None
+        self.device = device.split("=>")[-1].strip()
+        self.backend = self.device.split("://")[0]
+        self.driver = self.backend
+        if "cpu" in device:
+            self.device = "cpu"
+            self.backend = "llvm-cpu"
+            self.driver = "local-task"
+
+        print(f"Selected {self.backend} as IREE target backend.")
+        self.precision = "f32" if "cpu" in device else "f16"
+        self.quantization = quantization
+        self.safe_name = self.hf_model_name.replace("/", "_").replace("-", "_")
         self.external_weight_file = None
+        # TODO: find a programmatic solution for model arch spec instead of hardcoding llama2
+        self.file_spec = "_".join(
+            [
+                self.safe_name,
+                self.precision,
+            ]
+        )
+        if self.quantization != "None":
+            self.file_spec += "_" + self.quantization
+
         if external_weights is not None:
             self.external_weight_file = get_resource_path(
-                self.safe_name + "." + external_weights
+                self.file_spec + "." + external_weights
             )
+
+        if streaming_llm:
+            # Add streaming suffix to file spec after setting external weights filename.
+            self.file_spec += "_streaming"
+        self.streaming_llm = streaming_llm
+
+        self.tempfile_name = get_resource_path(f"{self.file_spec}.tempfile")
+        # TODO: Tag vmfb with target triple of device instead of HAL backend
+        self.vmfb_name = get_resource_path(
+            f"{self.file_spec}_{self.backend}.vmfb.tempfile"
+        )
+        self.max_tokens = llm_model_map[model_name]["max_tokens"]
+        self.iree_module_dict = None
         self.use_system_prompt = use_system_prompt
         self.global_iter = 0
+        self.prev_token_len = 0
+        self.first_input = True
+        if self.external_weight_file is not None:
+            if not os.path.exists(self.external_weight_file):
+                print(
+                    f"External weight file {self.external_weight_file} does not exist. Generating..."
+                )
+                gen_external_params(
+                    hf_model_name=self.hf_model_name,
+                    quantization=self.quantization,
+                    weight_path=self.external_weight_file,
+                    hf_auth_token=hf_auth_token,
+                    precision=self.precision,
+                )
+            else:
+                print(
+                    f"External weight file {self.external_weight_file} found for {self.vmfb_name}"
+                )
         if os.path.exists(self.vmfb_name) and (
             external_weights is None or os.path.exists(str(self.external_weight_file))
         ):
-            self.iree_module_dict = dict()
-            (
-                self.iree_module_dict["vmfb"],
-                self.iree_module_dict["config"],
-                self.iree_module_dict["temp_file_to_unlink"],
-            ) = load_vmfb_using_mmap(
-                self.vmfb_name,
-                device,
-                device_idx=0,
-                rt_flags=[],
-                external_weight_file=self.external_weight_file,
+            self.runner = vmfbRunner(
+                device=self.driver,
+                vmfb_path=self.vmfb_name,
+                external_weight_path=self.external_weight_file,
             )
+            if self.streaming_llm:
+                self.model = self.runner.ctx.modules.streaming_state_update
+            else:
+                self.model = self.runner.ctx.modules.state_update
             self.tokenizer = AutoTokenizer.from_pretrained(
                 self.hf_model_name,
                 use_fast=False,
@@ -82,7 +148,9 @@ def __init__(
                 hf_auth_token,
                 compile_to="torch",
                 external_weights=external_weights,
-                external_weight_file=self.external_weight_file,
+                precision=self.precision,
+                quantization=self.quantization,
+                streaming_llm=self.streaming_llm,
             )
             with open(self.tempfile_name, "w+") as f:
                 f.write(self.torch_ir)
@@ -99,19 +167,37 @@ def __init__(
 
     def compile(self) -> None:
         # this comes with keys: "vmfb", "config", and "temp_file_to_unlink".
-        self.iree_module_dict = get_iree_compiled_module(
+        # ONLY architecture/api-specific compile-time flags for each backend, if needed.
+        # hf_model_id-specific global flags currently in model map.
+        flags = []
+        if "cpu" in self.backend:
+            flags.extend(
+                [
+                    "--iree-global-opt-enable-quantized-matmul-reassociation",
+                ]
+            )
+        elif self.backend == "vulkan":
+            flags.extend(["--iree-stream-resource-max-allocation-size=4294967296"])
+        flags.extend(llm_model_map[self.hf_model_name]["compile_flags"])
+        flatbuffer_blob = compile_module_to_flatbuffer(
             self.tempfile_name,
             device=self.device,
-            mmap=True,
             frontend="torch",
-            external_weight_file=self.external_weight_file,
+            model_config_path=None,
+            extra_args=flags,
             write_to=self.vmfb_name,
-            extra_args=["--iree-global-opt-enable-quantized-matmul-reassociation"],
         )
-        # TODO: delete the temp file
+        self.runner = vmfbRunner(
+            device=self.driver,
+            vmfb_path=self.vmfb_name,
+            external_weight_path=self.external_weight_file,
+        )
+        if self.streaming_llm:
+            self.model = self.runner.ctx.modules.streaming_state_update
+        else:
+            self.model = self.runner.ctx.modules.state_update
 
     def sanitize_prompt(self, prompt):
-        print(prompt)
         if isinstance(prompt, list):
             prompt = list(chain.from_iterable(prompt))
             prompt = " ".join([x for x in prompt if isinstance(x, str)])
@@ -119,10 +205,12 @@ def sanitize_prompt(self, prompt):
         prompt = prompt.replace("\t", " ")
         prompt = prompt.replace("\r", " ")
         if self.use_system_prompt and self.global_iter == 0:
-            prompt = llm_model_map["llama2_7b"]["system_prompt"] + prompt
-        prompt += " [/INST]"
-        print(prompt)
-        return prompt
+            prompt = append_user_prompt(DEFAULT_CHAT_SYS_PROMPT, prompt)
+            print(prompt)
+            return prompt
+        else:
+            print(prompt)
+            return f"{B_INST} {prompt} {E_INST}"
 
     def chat(self, prompt):
         prompt = self.sanitize_prompt(prompt)
@@ -134,26 +222,40 @@ def format_out(results):
 
         history = []
         for iter in range(self.max_tokens):
-            st_time = time.time()
-            if iter == 0:
-                device_inputs = [
-                    ireert.asdevicearray(
-                        self.iree_module_dict["config"].device, input_tensor
-                    )
-                ]
-                token = self.iree_module_dict["vmfb"]["run_initialize"](*device_inputs)
+            if self.streaming_llm:
+                token_slice = max(self.prev_token_len - 1, 0)
+                input_tensor = input_tensor[:, token_slice:]
+            if self.streaming_llm and self.model["get_seq_step"]() > 600:
+                print("Evicting cache space!")
+                self.model["evict_kvcache_space"]()
+            token_len = input_tensor.shape[-1]
+            device_inputs = [
+                ireert.asdevicearray(self.runner.config.device, input_tensor)
+            ]
+            if self.first_input or not self.streaming_llm:
+                st_time = time.time()
+                token = self.model["run_initialize"](*device_inputs)
+                total_time = time.time() - st_time
+                token_len += 1
+                self.first_input = False
             else:
-                device_inputs = [
-                    ireert.asdevicearray(
-                        self.iree_module_dict["config"].device,
-                        token,
-                    )
-                ]
-                token = self.iree_module_dict["vmfb"]["run_forward"](*device_inputs)
+                st_time = time.time()
+                token = self.model["run_cached_initialize"](*device_inputs)
+                total_time = time.time() - st_time
+                token_len += 1
 
-            total_time = time.time() - st_time
             history.append(format_out(token))
-            yield self.tokenizer.decode(history), total_time
+            while format_out(token) != llm_model_map["llama2_7b"]["stop_token"]:
+                dec_time = time.time()
+                if self.streaming_llm and self.model["get_seq_step"]() > 600:
+                    print("Evicting cache space!")
+                    self.model["evict_kvcache_space"]()
+                token = self.model["run_forward"](token)
+                history.append(format_out(token))
+                total_time = time.time() - dec_time
+                yield self.tokenizer.decode(history), total_time
+
+            self.prev_token_len = token_len + len(history)
 
             if format_out(token) == llm_model_map["llama2_7b"]["stop_token"]:
                 break
diff --git a/apps/shark_studio/tests/api_test.py b/apps/shark_studio/tests/api_test.py
index f9fa23df4f..bbaa813c06 100644
--- a/apps/shark_studio/tests/api_test.py
+++ b/apps/shark_studio/tests/api_test.py
@@ -7,6 +7,8 @@
 import logging
 import unittest
 import json
+from apps.shark_studio.api.llm import LanguageModel
+import gc
 
 from apps.shark_studio.api.llm import LanguageModel
 from apps.shark_studio.api.sd import shark_sd_fn_dict_input, view_json_file
@@ -28,12 +30,13 @@ def testSDSimple(self):
             print(i)
 
 class LLMAPITest(unittest.TestCase):
-    def testLLMSimple(self):
+    def test01_LLMSmall(self):
         lm = LanguageModel(
-            "Trelis/Llama-2-7b-chat-hf-function-calling-v2",
+            "TinyPixel/small-llama2",
             hf_auth_token=None,
-            device="cpu-task",
-            external_weights="safetensors",
+            device="cpu",
+            precision="fp32",
+            quantization="None",
         )
         count = 0
         for msg, _ in lm.chat("hi, what are you?"):
@@ -42,9 +45,11 @@ def testLLMSimple(self):
                 count += 1
                 continue
             assert (
-                msg.strip(" ") == "Hello"
-            ), f"LLM API failed to return correct response, expected 'Hello', received {msg}"
+                msg.strip(" ") == "Turkish Turkish Turkish"
+            ), f"LLM API failed to return correct response, expected 'Turkish Turkish Turkish', received {msg}"
             break
+        del lm
+        gc.collect()
 
 
 if __name__ == "__main__":
diff --git a/apps/shark_studio/web/ui/chat.py b/apps/shark_studio/web/ui/chat.py
index 917ac870bf..f34f89bc78 100644
--- a/apps/shark_studio/web/ui/chat.py
+++ b/apps/shark_studio/web/ui/chat.py
@@ -11,17 +11,21 @@
 )
 import apps.shark_studio.web.utils.globals as global_obj
 
+B_SYS, E_SYS = "<s>", "</s>"
+
 
 def user(message, history):
     # Append the user's message to the conversation history
     return "", history + [[message, ""]]
 
 
-language_model = None
+def append_bot_prompt(history, input_prompt):
+    user_prompt = f"{input_prompt} {E_SYS} {E_SYS}"
+    history += user_prompt
+    return history
 
 
-def create_prompt(model_name, history, prompt_prefix):
-    return ""
+language_model = None
 
 
 def get_default_config():
@@ -39,9 +43,13 @@ def chat_fn(
     precision,
     download_vmfb,
     config_file,
+    streaming_llm,
     cli=False,
 ):
     global language_model
+    if streaming_llm and prompt_prefix == "Clear":
+        language_model = None
+        return "Clearing history...", ""
     if language_model is None:
         history[-1][-1] = "Getting the model ready..."
         yield history, ""
@@ -50,8 +58,8 @@ def chat_fn(
             device=device,
             precision=precision,
             external_weights="safetensors",
-            external_weight_file="llama2_7b.safetensors",
             use_system_prompt=prompt_prefix,
+            streaming_llm=streaming_llm,
         )
         history[-1][-1] = "Getting the model ready... Done"
         yield history, ""
@@ -61,7 +69,7 @@ def chat_fn(
     prefill_time = 0
     is_first = True
     for text, exec_time in language_model.chat(history):
-        history[-1][-1] = text
+        history[-1][-1] = f"{text}{E_SYS}"
         if is_first:
             prefill_time = exec_time
             is_first = False
@@ -73,101 +81,6 @@ def chat_fn(
             yield history, f"Prefill: {prefill_time:.2f} seconds\n Decode: {tokens_per_sec:.2f} tokens/sec"
 
 
-def llm_chat_api(InputData: dict):
-    return None
-    print(f"Input keys : {InputData.keys()}")
-    # print(f"model : {InputData['model']}")
-    is_chat_completion_api = (
-        "messages" in InputData.keys()
-    )  # else it is the legacy `completion` api
-    # For Debugging input data from API
-    # if is_chat_completion_api:
-    #     print(f"message -> role : {InputData['messages'][0]['role']}")
-    #     print(f"message -> content : {InputData['messages'][0]['content']}")
-    # else:
-    #     print(f"prompt : {InputData['prompt']}")
-    # print(f"max_tokens : {InputData['max_tokens']}") # Default to 128 for now
-    global vicuna_model
-    model_name = InputData["model"] if "model" in InputData.keys() else "codegen"
-    model_path = llm_model_map[model_name]
-    device = "cpu-task"
-    precision = "fp16"
-    max_toks = None if "max_tokens" not in InputData.keys() else InputData["max_tokens"]
-    if max_toks is None:
-        max_toks = 128 if model_name == "codegen" else 512
-
-    # make it working for codegen first
-    from apps.language_models.scripts.vicuna import (
-        UnshardedVicuna,
-    )
-
-    device_id = None
-    if vicuna_model == 0:
-        if "cuda" in device:
-            device = "cuda"
-        elif "sync" in device:
-            device = "cpu-sync"
-        elif "task" in device:
-            device = "cpu-task"
-        elif "vulkan" in device:
-            device_id = int(device.split("://")[1])
-            device = "vulkan"
-        else:
-            print("unrecognized device")
-
-        vicuna_model = UnshardedVicuna(
-            model_name,
-            hf_model_path=model_path,
-            device=device,
-            precision=precision,
-            max_num_tokens=max_toks,
-            download_vmfb=True,
-            load_mlir_from_shark_tank=True,
-            device_id=device_id,
-        )
-
-    # TODO: add role dict for different models
-    if is_chat_completion_api:
-        # TODO: add funtionality for multiple messages
-        prompt = create_prompt(model_name, [(InputData["messages"][0]["content"], "")])
-    else:
-        prompt = InputData["prompt"]
-    print("prompt = ", prompt)
-
-    res = vicuna_model.generate(prompt)
-    res_op = None
-    for op in res:
-        res_op = op
-
-    if is_chat_completion_api:
-        choices = [
-            {
-                "index": 0,
-                "message": {
-                    "role": "assistant",
-                    "content": res_op,  # since we are yeilding the result
-                },
-                "finish_reason": "stop",  # or length
-            }
-        ]
-    else:
-        choices = [
-            {
-                "text": res_op,
-                "index": 0,
-                "logprobs": None,
-                "finish_reason": "stop",  # or length
-            }
-        ]
-    end_time = dt.now().strftime("%Y%m%d%H%M%S%f")
-    return {
-        "id": end_time,
-        "object": "chat.completion" if is_chat_completion_api else "text_completion",
-        "created": int(end_time),
-        "choices": choices,
-    }
-
-
 def view_json_file(file_obj):
     content = ""
     with open(file_obj.name, "r") as fopen:
@@ -198,7 +111,7 @@ def view_json_file(file_obj):
         )
         precision = gr.Radio(
             label="Precision",
-            value="int4",
+            value="fp32",
             choices=[
                 # "int4",
                 # "int8",
@@ -211,12 +124,18 @@ def view_json_file(file_obj):
         with gr.Column():
             download_vmfb = gr.Checkbox(
                 label="Download vmfb from Shark tank if available",
+                value=False,
+                interactive=True,
+                visible=False,
+            )
+            streaming_llm = gr.Checkbox(
+                label="Run in streaming mode (requires recompilation)",
                 value=True,
                 interactive=True,
             )
             prompt_prefix = gr.Checkbox(
                 label="Add System Prompt",
-                value=False,
+                value=True,
                 interactive=True,
             )
 
@@ -260,6 +179,7 @@ def view_json_file(file_obj):
             precision,
             download_vmfb,
             config_file,
+            streaming_llm,
         ],
         outputs=[chatbot, tokens_time],
         show_progress=False,
@@ -281,6 +201,7 @@ def view_json_file(file_obj):
             precision,
             download_vmfb,
             config_file,
+            streaming_llm,
         ],
         outputs=[chatbot, tokens_time],
         show_progress=False,
@@ -293,4 +214,19 @@ def view_json_file(file_obj):
         cancels=[submit_event, submit_click_event],
         queue=False,
     )
-    clear.click(lambda: None, None, [chatbot], queue=False)
+    clear.click(
+        fn=chat_fn,
+        inputs=[
+            clear,
+            chatbot,
+            model,
+            device,
+            precision,
+            download_vmfb,
+            config_file,
+            streaming_llm,
+        ],
+        outputs=[chatbot, tokens_time],
+        show_progress=False,
+        queue=True,
+    ).then(lambda: None, None, [chatbot], queue=False)
diff --git a/apps/shark_studio/web/utils.py b/apps/shark_studio/web/utils.py
new file mode 100644
index 0000000000..4072491cbf
--- /dev/null
+++ b/apps/shark_studio/web/utils.py
@@ -0,0 +1,12 @@
+import os
+import sys
+
+
+def get_available_devices():
+    return ["cpu-task"]
+
+
+def get_resource_path(relative_path):
+    """Get absolute path to resource, works for dev and for PyInstaller"""
+    base_path = getattr(sys, "_MEIPASS", os.path.dirname(os.path.abspath(__file__)))
+    return os.path.join(base_path, relative_path)