Investors eye farming as AI’s latest cash cow

Investors are increasingly interested in agricultural technology, particularly in AI applications for livestock management. New Zealand-based startup Halter is nearing a $2bn valuation as it seeks fresh funding led by Founders Fund. Its AI-powered collars allow farmers to manage herds remotely, providing real-time data and reducing labor needs. This trend comes amid rising beef prices and labor shortages in the US, driving demand for efficient farming tools. Halter's subscription model and focus on data-driven farming align with broader industry shifts, although adoption may be gradual due to cost and reliability concerns.