According to The Rundown AI, Halter reached a $2 billion valuation as it raised a round led by Founders Fund to scale its AI-powered cattle collars that guide herds via sound and vibration cues controlled from a smartphone. As reported by The Rundown AI, the company’s core IP, branded the Cowgorithm, uses machine learning to interpret animal behavior and automate herding, grazing rotation, and fence-free containment, enabling labor savings and higher pasture utilization for ranchers. According to The Rundown AI, this funding signals growing investor confidence in precision livestock management, where AI wearables can reduce operating costs, improve animal welfare compliance, and unlock data-driven grazing strategies for larger herds without proportional labor increases.