OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect
OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect
New York opened a registration portal on Tuesday requiring large frontier AI developers such as Anthropic and OpenAI to register by January 1, 2027, ahead of the RAISE Act taking effect at the start of the year. The law requires companies with more than $500 million in annual revenue to publish safety frameworks, report critical safety incidents within 72 hours, and issue public model transparency reports, with penalties up to $1 million for a first violation and $3 million for subsequent ones, overseen by the newly formed Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT). Governor Kathy Hochul also launched the New York Center for AI Responsibility and Research at Binghamton University, which will independently evaluate advanced AI systems and work with DIGIT to review companies' safety frameworks.
Source: TechCrunch · AI · techcrunch.com