As cattle herds shrink and beef prices rise, investors back AI cow collars

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    A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages.

    Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to be led by billionaire Peter Thiel’s Founders Fund, according to a Bloomberg report. The round is attracting heavy investor interest and is close to being filled, though final details are still being negotiated.

    THE SINGLE CRUSHING PROBLEM AMERICAN CATTLE RANCHERS WISH TRUMP WOULD FIX...

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