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In this context K probably means kilobyte which compares to gigabytes (GB) thusly.

1024 kilobytes = 1 megabyte

1024 megabytes = 1 gigabyte

So 1 gigabyte equals 1048576 kilobytes.

My current computer has 2 gigabytes of ram, 20-some-odd years ago my first computer had 16 kilobytes

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