In Q4, Meta tweaked its depreciation accounting for AI infrastructure, extending it from 4-5 to 5.5 years, cutting expenses by $2.9B in 2025 and boosting profit (Jeran Wittenstein/Bloomberg)

Jeran Wittenstein / Bloomberg:
In Q4, Meta tweaked its depreciation accounting for AI infrastructure, extending it from 4-5 to 5.5 years, cutting expenses by $2.9B in 2025 and boosting profit  —  – Facebook owner recently extended useful life on computing gear  — Change will significantly reduce depreciation expense in 2025