Are anti cheat programs on games becoming a fancy way to sneak in spyware/adware?

Do any of the anti cheat programs sell their data to 3rd party ad data companies?

Which data is being sent to a cloud vs remains on the edge computer?
A very suspicious example is the fact that Genshin impact requires to run as an administrator

adware cheat cloud companies computer data edge fact games genshin genshin impact impact party privacy run spyware the edge