Source TechCrunch · Published · Open the original ↗
Policy
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.
New York is gearing up to enforce one of the country’s most significant AI safety laws. The state opened a registration portal Tuesday, with which large frontier AI developers like Anthropic and OpenAI will be required to register by January 1, 2027.
The RAISE Act , New York’s safety and transparency bill, kicks in at the start of the year. It mandates that large frontier developers, companies with more than $500 million in annual revenue, have to publish safety frameworks on their websites, report critical safety incidents within 72 hours, and issue public model transparency reports.
The newly formed Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT) will implement the RAISE Act and oversee large frontier AI labs. Penalties can be as high as $1 million for one violation and $3 million for subsequent violations.
The opening of the report, quoted unchanged from TechCrunch. The full text continues at the source.