Reminder that they don't mean telemetry as in spying on you for intel. Gamers Nexus confirmed with the intel gpu lead that the telemetry is JUST for capturing data to display much more in depth statistics that you can't get from something like rivatuner.
It software is open source, hopefully it can be confirmed.
It is but a GitHub issue mentions that the repo has stuff that was pushed 8 months ago and an intel representative said they should fix that within a week.