New York Enacts RAISE Act

New York Governor Kathy Hochul has signed the Responsible AI Safety and Education (RAISE) Act into law, establishing stringent AI safety regulations. The legislation mandates that large AI developers provide transparency regarding their safety protocols. These developers must also report any safety incidents to the state within 72 hours of discovery.

The RAISE Act focuses on frontier AI models, defined as those requiring substantial computational power or costing over $100 million to train. Developers must create and maintain written safety protocols, submitting redacted versions to the Attorney General and Division of Homeland Security. They must also implement safeguards against critical harms, including those related to weapons, autonomous actions, and large-scale damage.

An oversight office within the Department of Financial Services will assess large frontier developers and produce annual transparency reports. The Attorney General can pursue civil penalties of up to $10 million per violation, or $30 million for subsequent violations. The RAISE Act builds upon California's framework, creating a unified benchmark among leading tech states.