Accolades

Rappi

By Joe Mullich

Lamda Development

By Don Steinberg

Airbus

By Joe Mullich

Ludo Studio

By Don Steinberg
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Ember Technologies

These days, Ember does far more than make mugs that keep coffee warm. It's applying its temperature-regulating technology—with over 150 patents—to everything from baby bottles to the Ember Cube, the world’s first self-refrigerated, sensor-enabled, cloud-connected...

By Alison Van Houten

BlackRock

It’s not often that people outside the business world pay attention to a CEO’s letter to shareholders. But BlackRock CEO Larry Fink’s 2020 letter saying that the world’s largest asset manager would put sustainability at...

By Alana Semuels

PDD Holdings

PDD Holdings may not be a household name, but the Chinese firm’s discount e-commerce platforms Temu and Pinduoduo have become retail juggernauts, helping PDD nearly double its revenue to $35 billion in 2023. Temu, the...

By Andrew R. Chow

Huawei

Few firms are as synonymous with controversy as Huawei. In recent years, the telecom giant headquartered in Shenzhen, China, has been barred from key U.S. infrastructure, hit with a raft of sanctions, and caught up...

By Charlie Campbell

Baidu

If the generative-AI revolution took many by surprise, Baidu boss Robin Li wasn’t among them. Best known for launching China’s most popular search engine, Beijing-based Baidu has been working on AI for over a decade, launching...

By Charlie Campbell

Nvidia

The AI boom has had many winners, but Nvidia is the winningest. The company’s value has surged by more than 450% since the AI race kicked off in late 2022. Nvidia, which controls some 80%...

By Billy Perrigo

Google

Google, a subsidiary of Alphabet, may have been more hesitant than OpenAI to release its AI tools into the world in recent years, but CEO Sundar Pichai is making sure it moves swiftly to level...

By Will Henshall

Mistral AI

Over the past year, Paris-based Mistral AI has rapidly risen as a homegrown European AI champion, earning the praise of French President Emmanuel Macron. The startup has released six AI language models that can answer...

By Will Henshall

Danco Laboratories

In 2023, nearly two-thirds of U.S. abortions were performed using medication, largely thanks to a company few have heard of: Danco Laboratories. The company’s sole product is mifepristone, half of the two-drug regimen used to...

By Jamie Ducharme

Eisai

By the end of 2024, Japanese pharmaceutical firm Eisai could be among the few companies with a drug to treat the root causes of Alz­heimer’s disease, which affects a growing population of 55 million. Its...

By Alice Park

VinFast

When TIME visited auto manufacturer VinFast’s EV factory in northern Vietnam in 2022, Google Maps still showed half the site as under the South China Sea; the land had been reclaimed and made operational in...

By Charlie Campbell

Microsoft

When OpenAI’s board fired Sam Altman late last year, Microsoft, which has invested billions in the AI lab, played its trump card. CEO Satya Nadella extended Altman and all OpenAI employees an open invitation to...

By Billy Perrigo

Sol de Janeiro

Sol de Janeiro’s spray fragrances, like its Cheirosa 68 (Brazilian jasmine & pink dragonfruit) and Cheirosa 62 (vanilla & salted caramel), were the viral beauty product of 2023, generating 850 million TikTok views. Videos and...

By Don Steinberg

Hanwha Group

The “Lockheed Martin'' of Asia has made a good business year out of the ongoing global geopolitical crises. Hanwha Aerospace’s market value jumped 69% in 2023, and now tops $7.8 billion, as it signed multibillion...

By Chad de Guzman

Eli Lilly

Weight-loss drugs have made big headlines in health over the past year, and Eli Lilly’s drug tirzepatide (known as Zepbound for obesity or Mounjaro for diabetes), which received U.S. Food and Drug Administration approval for...

By Alice Park

Neara

Power outages due to bad weather are rising in the U.S. as the effects of climate change intensify. Neara works with electricity utilities to help them mitigate risks, such as floods and wildfires, and keep...

By Varsha Bansal
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