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International Business Times UK
International Business Times UK
Technology
Thea Felicity

Peter Thiel Backs £1.6bn AI 'Cowgorithm' That Lets Farmers Herd 400,000 Cattle With One Button

Venture firm Founders Fund, backed by billionaire Peter Thiel, entered talks to fund agricultural startup Halter at a valuation exceeding £1.6 billion ($2 billion).

The company, based in Auckland, develops solar-powered collars that allow farmers to track and guide cattle remotely, effectively replacing physical fences with digital boundaries.

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