OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect
New York is preparing to enforce its sweeping AI safety law, requiring major developers like OpenAI and Anthropic to register, disclose safety practices, and report critical incidents or face fines.
TL;DR
- New York's RAISE Act requires large AI developers (over $500M annual revenue) to register by January 1, 2027.
- Developers must publish safety frameworks, report critical incidents within 72 hours, and issue transparency reports.
- The Office of DIGIT will oversee compliance, with penalties up to $3 million for violations.
- Governor Kathy Hochul emphasizes putting communities and people above powerful technology.
- New York also has laws concerning AI companion transparency and chatbot safety for minors.
- Other states like California and Illinois have enacted similar AI safety and transparency legislation.