New York Enacts AI Safety Law
New York has officially launched the RAISE Act, a significant AI safety and transparency law. Large AI developers like OpenAI and Anthropic, with over $500 million in annual revenue, must now register by January 1, 2027. They are required to publish safety frameworks, report critical incidents within 72 hours, and issue transparency reports. The new Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT) will oversee enforcement, with penalties up to $3 million for violations. This law aims to establish a national model for sensible AI regulation.
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November 10, 2026 1
