The software giant drops one spot on the ranking this year as it fends off competition to its cloud storage business from the likes of Amazon and Google. But co-CEOs Safra Catz and Mark Hurd are attempting to meet the challenge head-on: Oracle has announced plans to invest heavily in artificial intelligence and automation, and this year launched a blockchain-as-a-service enterprise cloud platform. Both revenues and market cap have held relatively steady, up 1.8% and 1.7%, respectively, since this time last year.
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Berkshire Hathaway's Oracle investment was notable because Buffett had historically tended to be cautious about investing in technology stocks.
The DOL says the company owes $400 million to women and minorities.
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The Oracle founder previously stated that Tesla was his second-largest investment.