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Fortune

Fortune Staff

The 5 biggest global business rivalries to watch, and how their outcomes will shape the future

United States BYD Jensen Huang OpenAI Tesla Inc. Nvidia Darren Woods Elon Musk Jamie Dimon Lisa Su

(Credit: Huang: Mustafa Yalcin—Anadolu/Getty Images; Su: Nathan Howard—Bloomberg/Getty Images)

Power is precarious: The more of it you possess, the more competitors you attract, gunning for your customers, star employees, and market share. We drilled down on five of the biggest rivalries in business, across chips, AI, EVs, investing and finance, and energy. And though these incumbents and rising rivals are fierce, never count out the dark horses who are hungry for a spot at the top.

Check out the 2025 Fortune Most Powerful People list here.

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