New York launches registration portal for AI companies: RAISE Act takes effect
New York State has opened registration for large AI developers under the RAISE Act. OpenAI, Anthropic and other companies with revenue over $500 million must register by January 1, 2027, publish safety frameworks, and report incidents within 72 hours. Fines are up to $1 million per violation and up to $3 million for repeat violations.
Aziz Karimov