Stocks making the biggest moves premarket: Qualcomm, Tesla, Hostess and more

as capable as OpenAI's most advanced model, and more powerful than the one it released two months ago called Llama 2. Meta hopes its new AI model will be ready next year, the report said.

— CNBC's Alex Harring, Hakyung Kim, Michelle Fox Theobald, Samantha Subin, Sarah Min and Kif Leswing contributed reporting.

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