Companies don't stay domestic anymore to where they originated, and can be partially or fully sold off to foreign countries.
So any data given away is a risk with how ownership can suddenly change.
And then there's questions of how good security is and whether the company hasn't been breached so some foreign entity is sucking up all the data like the recent news of how Google Gemini hacked into three companies during testing.
Ideally this telemetry nonsense wouldn't be a thing.