LM Studio at a glance: what it does, its pricing, and the best AI alternatives for code & development. Pricing, features and alternatives, updated for 2026.
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Free desktop app for finding, downloading and chatting with open models locally, with an OpenAI-compatible local server.
LM Studio wraps a model browser, a chat window and a local API server in one install for Windows, macOS and Linux. It runs GGUF models through llama.cpp and MLX models on Apple Silicon. The app itself is closed source but free for personal and commercial use; its CLI and SDK are open source.