CloudMinds: Robotics start-up CloudMinds returns to China after US sanctions hurt its business in Silicon Valley

Cloud robotics and artificial intelligence start-up CloudMinds has abandoned plans to go public in the US, as it eyes a move to Shanghai and listing on China's new Nasdaq-style board, after its business was hit by rising tensions between the world's two largest economies.The company was founded in Silicon Valley in 2015 by Bill Huang, a Chinese born engineer who spent most of his working career in the US, including several years at the famed Bell Labs in New Jersey, where core technologies such...