Possible, but there are suggestions about that some mammals already had superior brain power ounce-per-ounce. Plus there's the issue that these tiny, apparently flexible, warm-blooded, and insulated creatures died out in the K-T, while mammals did not. There has to be a reason for it.
What I suspect is that it's the egg-laying issue. Live birth is more flexible and (usually) allows a faster birthrate. That is a powerful feature, evolutionarily speaking.
The reason they died out is because they didn't burrow like the mammals.
Though eggs vs live birth is an important point.