diff --git a/Makefile b/Makefile
index 120d03ddbc..0e3cb3d9c1 100644
--- a/Makefile
+++ b/Makefile
@@ -75,9 +75,9 @@ FUZZER_BUILD ?= 0
 #         - uncomment source build section, comment binary section
 #         - adjust binary version path - version variable is not passed to WORKSPACE file!
 
-OV_SOURCE_BRANCH ?= e4d09f992ad71dc8b8978fb9b8905ffd8f75ffe0 # 10.12.2025 master branch
-OV_TOKENIZERS_BRANCH ?= a4d8fdf083e76147a5e8638a788e96f855084176 # 10.12.2025 master branch
-OV_GENAI_BRANCH ?= b1d835c85c68ad2e3b57ea91423bf64b74581f82 # 10.12.2025 master branch
+OV_SOURCE_BRANCH ?= 8a88c791515057cf23072b9826941dcd674a8872 # 22.12.2025 master branch
+OV_TOKENIZERS_BRANCH ?= 60a9e5067e434b8721719479f2e1eb750ae7bd81 # 22.12.2025 master branch
+OV_GENAI_BRANCH ?= edfd4b67657fac0dc7753eb952b7c733a14f4a0d # 22.12.2025 master branch
 
 OV_SOURCE_ORG ?= openvinotoolkit
 OV_GENAI_ORG ?= openvinotoolkit
@@ -172,11 +172,11 @@ ifeq ($(findstring ubuntu,$(BASE_OS)),ubuntu)
   ifeq ($(BASE_OS_TAG),24.04)
         OS=ubuntu24
 	INSTALL_DRIVER_VERSION ?= "25.35.35096"
-	DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251210/openvino_genai_ubuntu24_2026.0.0.0.dev20251210_x86_64.tar.gz
+	DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251222/openvino_genai_ubuntu24_2026.0.0.0.dev20251222_x86_64.tar.gz
   else ifeq  ($(BASE_OS_TAG),22.04)
         OS=ubuntu22
 	INSTALL_DRIVER_VERSION ?= "24.39.31294"
-	DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251210/openvino_genai_ubuntu22_2026.0.0.0.dev20251210_x86_64.tar.gz
+	DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251222/openvino_genai_ubuntu22_2026.0.0.0.dev20251222_x86_64.tar.gz
   endif
 endif
 ifeq ($(BASE_OS),redhat)
@@ -185,7 +185,7 @@ ifeq ($(BASE_OS),redhat)
   BASE_IMAGE ?= registry.access.redhat.com/ubi9/ubi:$(BASE_OS_TAG_REDHAT)
   BASE_IMAGE_RELEASE=registry.access.redhat.com/ubi9/ubi-minimal:$(BASE_OS_TAG_REDHAT)
   DIST_OS=redhat
-  DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251210/openvino_genai_rhel8_2026.0.0.0.dev20251210_x86_64.tar.gz # not used
+  DLDT_PACKAGE_URL ?= https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251222/openvino_genai_rhel8_2026.0.0.0.dev20251222_x86_64.tar.gz # not used
   INSTALL_DRIVER_VERSION ?= "24.52.32224"
 endif
 
diff --git a/demos/common/export_models/requirements.txt b/demos/common/export_models/requirements.txt
index cb870bd978..3287324903 100644
--- a/demos/common/export_models/requirements.txt
+++ b/demos/common/export_models/requirements.txt
@@ -8,8 +8,8 @@ diffusers==0.35.2  # for image generation
 einops==0.8.1
 nncf@git+https://github.com/openvinotoolkit/nncf.git
 numpy==2.2.6
-openvino-tokenizers==2026.0.0.0.dev20251210
-openvino==2026.0.0.dev20251210
+openvino-tokenizers==2026.0.0.0.dev20251222
+openvino==2026.0.0.dev20251222
 #optimum is in dependency list of optimum-intel
 pillow==12.0.0
 sentence_transformers
@@ -17,4 +17,4 @@ sentencepiece==0.2.1  # Required by: transformers
 timm==1.0.22
 torchvision
 torch==2.9.1+cpu
-transformers==4.55.4
+transformers<4.56
diff --git a/windows_install_build_dependencies.bat b/windows_install_build_dependencies.bat
index 1da9bde183..5315d33818 100644
--- a/windows_install_build_dependencies.bat
+++ b/windows_install_build_dependencies.bat
@@ -155,7 +155,7 @@ IF "%USE_OV_BINARY%"=="0" (
 ::::::::::::::::::::::: GENAI/OPENVINO install from ZIP - reinstalled per build trigger
 :: Set default GENAI_PACKAGE_URL if not set
 if "%GENAI_PACKAGE_URL%"=="" (
-    set "GENAI_PACKAGE_URL=https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251210/openvino_genai_windows_2026.0.0.0.dev20251210_x86_64.zip"
+    set "GENAI_PACKAGE_URL=https://storage.openvinotoolkit.org/repositories/openvino_genai/packages/nightly/2026.0.0.0.dev20251222/openvino_genai_windows_2026.0.0.0.dev20251222_x86_64.zip"
 )
 
 :: Extract genai_ver from GENAI_PACKAGE_URL (filename)
@@ -208,7 +208,7 @@ IF /I EXIST %BAZEL_SHORT_PATH%\openvino (
     rmdir /S /Q %BAZEL_SHORT_PATH%\openvino
 )
 if "%OV_SOURCE_BRANCH%"=="" (
-    set "OV_SOURCE_BRANCH=e4d09f992ad71dc8b8978fb9b8905ffd8f75ffe0"
+    set "OV_SOURCE_BRANCH=8a88c791515057cf23072b9826941dcd674a8872"
 )
 if "%OV_SOURCE_ORG%"=="" (
     set "OV_SOURCE_ORG=openvinotoolkit"
@@ -217,13 +217,13 @@ if "%TOKENIZER_SOURCE_ORG%"=="" (
     set "TOKENIZER_SOURCE_ORG=openvinotoolkit"
 )
 if "%TOKENIZER_SOURCE_BRANCH%"=="" (
-    set "TOKENIZER_SOURCE_BRANCH=a4d8fdf083e76147a5e8638a788e96f855084176"
+    set "TOKENIZER_SOURCE_BRANCH=60a9e5067e434b8721719479f2e1eb750ae7bd81"
 )
 if "%GENAI_SOURCE_ORG%"=="" (
     set "GENAI_SOURCE_ORG=openvinotoolkit"
 )
 if "%GENAI_SOURCE_BRANCH%"=="" (
-    set "GENAI_SOURCE_BRANCH=27ca7fc0c1c05001a2e3f1ebea3d7421392a1d9e"
+    set "GENAI_SOURCE_BRANCH=edfd4b67657fac0dc7753eb952b7c733a14f4a0d"
 )
 
 IF /I NOT EXIST %BAZEL_SHORT_PATH%\openvino_src (