What is the 'AI bubble' and what happens if it pops?

The U.S. based AI company Anthropic, known for developing the popular chatbot Claude, officially filed for its initial public offering (IPO) on October 26. This strategic move provides the general public with its first official opportunity to examine the company's internal business operations. The filing comes amid broader discussions regarding the potential of an AI bubble, as the organization seeks to transition into a publicly traded entity and disclose its operational framework to investors.