OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect
AI-summarised brief · reviewed before publication
New York has launched a registration portal for large frontier AI developers, including Anthropic and OpenAI, under the RAISE Act, which takes effect January 1, 2027. The law requires companies with over $500 million in annual revenue to publish safety frameworks, report critical incidents within 72 hours, and release public model transparency reports. The Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT) will enforce the act, with penalties up to $3 million for repeated violations. Governor Kathy Hochul also unveiled the New York Center for AI Responsibility and Research at Binghamton University, backed by $55 million in donations, to independently assess AI safety and collaborate with DIGIT.
💡 Why It Matters
- · By imposing strict reporting and transparency mandates, New York sets a high regulatory benchmark that could pressure other states and the global AI industry to adopt similar safeguards, reshaping how advanced AI systems are monitored and held accountable.
