Meta accounting move on AI servers to boost profit this year

(Bloomberg) -- Meta Platforms Inc. made a small change last month that’s likely to increase the company’s profit by billions of dollars this year. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIt wasn’t the release of a new product or cost cuts. It was a tweak to an accounting formula used to measure the depreciation of its expensive artificial intelligence infrastructu