Technically from a legal perspective sure, but there is also the common cultural understanding of these things, and an overton window of how we talk about them. The whole doomer narrative, and pseudo-anthromorphization (xenomorphization?) where we ascribe agency and volition to the algorithm, plays right to the interests of the AI leaders by simultaneously making their products so incredibly powerful and civilization altering that of course the valuations are justified, while also providing a convenient narrative that if anything goes wrong the AI did it and there was no way for them to control this new life form. Privatize the benefit, socialize the risk; this is not a new playbook.