You and @ljgerens are both right
. At the macro level, running an ultrasonic machine does not warm the body of water to any appreciable extent. Hence my Vevor has a thermostatically controlled electric heating element built in in order to adjust the bulk temperature of the water.
On the microscopic scale however, things seem very different. Remember that temperature measures molecular kinetic energy. With ultrasonic waves creating cavitation followed by implosion, some molecules become very agitato indeed - possibly about as hot as the surface of the sun according to Wikipedia. But there is insufficient time to transfer that heat to things it could damage. It is a bit like the quantum theory of 'empty' space, where particles are created and annihilated at random.
Cleaning is caused by shock wave from the collapse of cavitation bubbles, see Wayback Machine for a scientific exploration.
From Ultrasonic cleaning - Wikipedia
An ultrasound generating transducer built into the chamber, or lowered into the fluid, produces ultrasonic waves in the fluid by changing size in concert with an electrical signal oscillating at ultrasonic frequency. This creates compression waves in the liquid of the tank which 'tear' the liquid apart, leaving behind many millions of microscopic 'voids'/'partial vacuum bubbles' (cavitation). These bubbles collapse with enormous energy; temperatures and pressures on the order of 5,000 K and 135 MPa are achieved;[7][8] however, they are so small that they do no more than clean and remove surface dirt and contaminants

