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Open-weight model · Text classification

parallax-2-preview

by Parallax Labs parallaxlabs/parallax-2-preview

parallax-2-preview is an open-weight model for text classification from Parallax Labs, released under Apache License 2.0. Its published files total 4.9 GB.

Parallax 2 Preview is the first public look at Parallax Labs' upcoming Parallax-2 model. It's a 4B finetune of Qwen 3.5, trained specifically to reason through problems carefully, like a frontier model would.

Parameters—
Context—
Weights4.9 GB
Licenseapache-2.0
AccessOpen weights
Monthly Downloads—

Model Card

By Parallax Labs, published under apache-2.0, revision e1d8bbcf4600.

Parallax 2 Preview is the first public look at Parallax Labs' upcoming Parallax-2 model. It's a 4B finetune of Qwen 3.5, trained specifically to reason through problems carefully, like a frontier model would. Parallax-2-preview is a 4B parameter finetune designed to demonstrate structured reasoning at small scale. It uses the reasoning style of frontier models, while remaining fast enough to run on consumer hardware. Parallax 2 Preview is intended for reasoning-heavy tasks where a short, direct answer isn't the goal. Suitable for further finetuning into reasoning-focused applications, education tools, or as a component in multi-model pipelines where structured reasoning is the required…

Read Parallax Labs's full model card

Parallax 2 Preview is the first public look at Parallax Labs' upcoming Parallax-2 model. It's a 4B finetune of Qwen 3.5, trained specifically to reason through problems carefully, like a frontier model would.

Model Details

Model Description

Parallax-2-preview is a 4B parameter finetune designed to demonstrate structured reasoning at small scale. It uses the reasoning style of frontier models, while remaining fast enough to run on consumer hardware.

  • Developed by: Parallax Labs
  • Funded by: Parallax Labs
  • Shared by: Parallax Labs
  • Model type: Causal language model (LoRA finetune on Qwen 3.5-4B) & Coder
  • Language: English
  • License: Apache 2.0
  • Finetuned from model: Unsloth/Qwen3.5-4B

Model Sources

  • Repository: https://huggingface.co/parallaxlabs/parallax-2-preview
  • Demo: N/A

Uses

Direct Use

Parallax 2 Preview is intended for reasoning-heavy tasks where a short, direct answer isn't the goal.

Downstream Use

Suitable for further finetuning into reasoning-focused applications, education tools, or as a component in multi-model pipelines where structured reasoning is the required output format.

Out-of-Scope Use

Parallax 2 Preview is not intended for:

  • General-purpose chat or assistant behavior
  • Complex code generation or multi-file tasks. It can handle coding, but not complex coding.
  • Long-context tasks (As a Preview model, it was trained at a low context, so its answers can degrade as extended context is used.)
  • Tasks requiring fast, short responses (the model reasons before answering - see Latency below)
  • Production tooling where the identity of the model matters (see Known Limitations)

Bias, Risks, and Limitations

  • Verbose reasoning as default. Parallax-2-Preview reasons before answering, on every prompt. Simple questions that would normally return in 2 seconds may take 10–30 seconds of generation first.
  • Coding is degraded relative to base. The finetune traded some general code-generation ability for reasoning depth.
  • Identity override is incomplete without a system prompt. Without the recommended system prompt (below), the model may identify as its base model (Qwen). This is a known behavior of thin LoRA finetunes on strong base models.
  • Long-context performance is not guaranteed. Trained at 2048 tokens. The base model supports up to 262K via RoPE, but quality degrades significantly beyond ~4K.

Identity and Version

Repository
parallaxlabs/parallax-2-preview
Publisher
Parallax Labs
Task
Text classification
Modality
Text
Library
Not stated by the source
Parameters
Not stated by the source
Languages
en
Revision
e1d8bbcf46004a48fc4de225f005891c94ff224d
First published
2026-10-16
Last updated
2026-10-16

Files and Weights

5 files, 4.9 GB in total. The weights are 2 files totalling 4.9 GB in gguf.

Weights2 files · 4.9 GB
Documentation1 file · 2.8 KB
Other1 file · 1.6 KB
Repository1 file · 1.7 KB
Every file
FileTypeSizeSHA-256
parallax-labs.parallax-2-preview.Q2_K_L.ggufWeights2.1 GB 373874cf5652
parallax-labs.parallax-2-preview.Q4_K_M.ggufWeights2.8 GB 8545927e5ae7
README.mdDocumentation2.8 KB —
3ad25a2400279b7d7f22d488b6bf067c4d25cb81.pngOther1.6 KB —
.gitattributesRepository1.7 KB —

License and Download

License
apache-2.0
Access
Open weights, no gate
Download size
4.9 GB
Download from Parallax Labs

Released by Parallax Labs through its official repository on Hugging Face. Read the license.

Built From

  • Derived from unsloth/Qwen3.5-4B
  • Quantized from unsloth/Qwen3.5-4B
  • Trained on (disclosed) eddieran/opus-4.7-reasoning-cot
  • Trained on (disclosed) greghavens/glm-5.2-coding-and-debugging-traces

Memory Requirements

PrecisionWeights in memory
As published4.9 GB

Weights only, from the published parameter count; the key-value cache and runtime add to this.

Questions About parallax-2-preview

Can I use parallax-2-preview commercially?

Yes. parallax-2-preview is released under Apache License 2.0. The Apache License 2.0 is a permissive open-source license. It permits commercial use, modification and redistribution. It requires keeping the license and copyright notices and any NOTICE file, stating significant changes, and it includes an express patent grant from contributors.

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