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Reddit is going public. Here's what that means for investors and users

The Reddit app icon is seen on a smartphone. (Matt Slocum/AP)
The Reddit app icon is seen on a smartphone. (Matt Slocum/AP)

Social media platform Reddit has reserved 8% of Thursday’s initial public offering for its most active users. The company’s opening to investors at the same time that it’s reportedly trying to secure a $60 million deal with an AI company.

We get the latest from Roben Farzad, host of public radio’s “Full Disclosure.”

This article was originally published on WBUR.org.

Copyright 2024 NPR. To see more, visit https://www.npr.org.