New York puts OpenAI and Anthropic under the microscope with new platform
New York opened a registration portal for frontier AI developers under the RAISE Act, requiring companies with over $500M in annual revenue to register by January 1, 2027. The framework mandates public safety frameworks
New York opened a registration portal for frontier AI developers under the RAISE Act, requiring companies with over $500M in annual revenue to register by January 1, 2027.
The framework mandates public safety frameworks, transparency reports, and 72-hour incident reporting.
New rules for large companies
Under the law known as the RAISE Act, companies in the space with annual revenue of more than $500 million are required to register with the platform by January 1, 2027. The law also requires creators to publish their security plans, notify of serious security incidents within 72 hours, and issue public transparency reports.
A new state agency is enforcing the rules. Fines for violations can reach up to $1 million for a first offense and $3 million for subsequent offenses, while the state can take legal action against companies that fail to register.
New research center and previous legislation
New York Governor Kathy Hotchul launched the New York Center for AI Responsibility and Research at Binghamton University, which was originally announced in January with $55 million in donations and funding.
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The state has already enacted rules for chat programs, requiring providers to disclose that they are computer programs and to identify potential self-harm. In addition, legislation to protect minors from these programs was signed into law in October and will take effect on June 1, 2027.
What is the situation in other states?
Other states in the United States are preparing or implementing similar rules. California has legislation requiring safety plans and incident reporting within 15 days, while Illinois is preparing to implement similar requirements and compliance audits in early 2027.
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Originally published by Dev.to AI. Aggregated on AIWithGhost for educational purposes — full credit and traffic to the original publisher.