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New York opens registration for frontier AI labs ahead of RAISE Act start

New York opens registration for frontier AI labs ahead of RAISE Act start
Image: TechCrunch: AI

Developers with more than $500 million in annual revenue must register by January 1, 2027, and report critical safety incidents within 72 hours.

Source: TechCrunch: AI

New York opened a registration portal on Tuesday for large frontier AI developers such as Anthropic and OpenAI, which must register by January 1, 2027, TechCrunch reported. The RAISE Act, which TechCrunch called one of the country's most significant AI safety laws, takes effect at the start of the year and covers developers with more than $500 million in annual revenue.

Covered companies must publish safety frameworks on their websites, report critical safety incidents within 72 hours and issue public model transparency reports. A new state Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT) will enforce the law. Penalties can reach $1 million for a first violation and $3 million for subsequent ones. The state can also act against companies that fail to register, though a spokesperson declined to give specifics.

Governor Kathy Hochul also launched the New York Center for AI Responsibility and Research at SUNY Binghamton University, first announced in January with $55 million in donations and capital. It will evaluate advanced AI systems and help DIGIT review safety frameworks. "We're building a national model for smart, sensible AI regulation," Hochul said.

TechCrunch noted that California's SB 53, in effect since January, requires incident reports within 15 days, and that Illinois' SB 315, effective at the start of 2027, adds independent safety compliance audits.

Read the full article at TechCrunch: AI

Our take

The law targets the model makers, not the merchants using them, but it will put new safety disclosures from your AI vendors on the public record.

  • Add vendors' published safety frameworks and transparency reports to your procurement review.
  • Ask vendors how they will notify customers of critical incidents.
  • Watch whether DIGIT's enforcement details, still undisclosed, reach companies beyond the largest labs.

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Key takeaways

  1. RAISE Act covers AI developers with more than $500M in annual revenue
  2. Registration deadline is January 1, 2027; incidents must be reported within 72 hours
  3. Fines reach $1M for a first violation and $3M for later ones