Ivan Tsarynny, CEO of Feroot Security, appeared on CNBC's ‘The Exchange’ to discuss his Congressional testimony regarding TikTok, asserting that China uses the app to gather data on Americans for AI training, potentially impacting the AI competition. He highlighted that TikTok can access information about users even if they don't actively use the app, and under Chinese law, companies must disclose data when requested. This has raised concerns, prompting the Supreme Court to consider divesting TikTok due to possible data sharing with the Chinese government. Tsarynny noted that, while TikTok is the most significant app collecting such data, it is not the only one. The types of data collected include user activity on the app and from websites with tracking pixels. He recommends using privacy tools to limit this tracking. Amid these developments, TikTok had briefly suspended its services over data security fears but resumed operations after President Trump indicated he would support the app's continued access for Americans.

TikTok expressed gratitude for this clarity amidst strained US-China relations. In another context, U. S. startup Perplexity AI proposed a merger with TikTok's parent company, ByteDance, aiming to create a new company in partnership with New Capital Partners. In the investment sector, interest in AI stocks has surged, driven by hedge funds, as AI is seen as a transformative force across industries. For instance, Bloom Energy and Palantir Technologies are highlighted among trending AI stocks, with analysts reporting on their growth potential amid evolving governmental policies and defense sector investments. Investing in AI is touted as a prime opportunity due to its expected exponential growth across various sectors. The narrative emphasizes that early investment in innovative startups could yield substantial returns, forming a critical part of the future economy. The article promotes a premium newsletter subscription offering in-depth research and insights into promising AI stocks, with a strong emphasis on urgency and exclusivity for potential investors.