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What changedNew York has opened a registration portal for large frontier AI developers, who must register by 1 January 2027. TechCrunch reports that the RAISE Act covers companies with more than $500 million in annual revenue and takes effect at the start of the year.
The law requires covered developers to publish safety frameworks and public model transparency reports, and to report critical safety incidents within 72 hours. Penalties can reach $1 million for a violation and $3 million for subsequent violations, according to TechCrunch.
A newly formed state office, DIGIT, will implement the law and oversee large frontier AI labs. The state has also launched the New York Center for AI Responsibility and Research at SUNY Binghamton to evaluate advanced AI systems and work with DIGIT on company safety frameworks.
Sources and evidence- OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect | TechCrunch: TechCrunch reports that New York opened a registration portal under the RAISE Act, with registration due by 1 January 2027 for covered frontier AI developers, and describes the law’s reporting duties, penalties and new oversight bodies.
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