Sources: Marvell is in advanced talks to buy chip startup Celestial AI in a cash-and-stock deal that could top $5B; Celestial was valued at $2.5B in March 2025 (The Information) https://www.theinformation.com/articles/marvell-advanced-talks-buy-celestial-ai-multibillion-deal
Internal memo: OpenAI CEO Sam Altman declares a "code red" to shift more resources into improving ChatGPT amid rising competition, delaying other plans like ads (The Information) https://www.theinformation.com/articles/openai-ceo-declares-code-red-combat-threats-chatgpt-delays-ads-effort
AWS and Google Cloud announce a jointly built multicloud networking solution and a new open interoperability spec; AWS plans a rollout with Azure later in 2026 (Ryan Christoffel/9to5Mac)
The Trump administration agrees to inject up to $150M in xLight, which develops lasers for EUV machines and has Pat Gelsinger on its board, for an equity stake (Wall Street Journal) https://www.wsj.com/tech/trump-administration-to-take-equity-stake-in-former-intel-ceos-chip-startup-9dcd9367
Samsung says the Galaxy Z TriFold will go on sale in South Korea on December 12 for ~$2,440, in China this year, and in the US as early as Q1 2026 (Heekyong Yang/Reuters) https://www.reuters.com/business/media-telecom/samsung-unveils-first-multi-folding-phone-competition-set-heat-up-2025-12-02/
Samsung unveils the Galaxy Z TriFold, with a 6.5-inch outer screen, a 10-inch 120Hz inner screen, three rear cameras, and a 3.9mm profile at its thinnest point (Allison Johnson/The Verge)
Marques Brownlee plans to shut down his wallpaper app Panels on December 31; Appfigures: it had 900K downloads and $95K in user spending since its 2024 launch (Amanda Silberling/TechCrunch)
Amazon launches Amazon Now, a new service that aims to deliver household essentials and groceries in ~30 minutes or less, available in Seattle and Philadelphia (Taylor Soper/GeekWire)
Kalshi says users can now trade tokenized versions of their wagers on Solana, in a bid to court crypto holders; Polymarket already allows on-chain trading (Liz Napolitano/CNBC)
Apple says its AI chief, John Giannandrea, is stepping down; former Microsoft executive Amar Subramanya will lead AI, reporting to Craig Federighi (Juli Clover/MacRumors)