ALBANY, N.Y., Nov. 10, 2026 | New York opened a registration portal on Tuesday for the largest AI developers under its RAISE Act, giving companies such as OpenAI and Anthropic until Jan. 1, 2027 to sign up with the state and start meeting new safety and reporting rules, TechCrunch reported. The law applies to frontier AI developers with more than $500 million in annual revenue, and fines can reach $1 million per violation, or $3 million for later violations.
What the RAISE Act Requires
Covered companies must publish safety frameworks on their websites, report critical safety incidents within 72 hours and issue public model transparency reports, according to TechCrunch. The governor's office said in a September announcement that developers must also file quarterly assessments of catastrophic risks, submit a disclosure statement at least every other year and pay assessments. Members of the public can report suspected critical safety incidents, and the state will publish an annual report.
Oversight sits with the new Office of Digital Innovation, Governance, Integrity and Trust (DIGIT) inside the state's Department of Financial Services. A spokesperson declined to give specifics on enforcement against companies that fail to register, TechCrunch reported. The state also launched the NY Center for AI Responsibility and Research at SUNY Binghamton on Tuesday, which will independently evaluate advanced AI systems and work with DIGIT to review companies' safety frameworks. Gov. Kathy Hochul first announced the center in January with $55 million in donations and capital.
"Tech moguls tell us that their vision for AI is inevitable," Hochul said at a press briefing on Tuesday. She also called New York's approach "a national model for smart, sensible AI regulation," TechCrunch reported.
How New York Compares and What It Means for Business
New York is not alone. California's SB 53, in effect since January, requires labs to publish safety frameworks, protect whistleblowers and report critical incidents within 15 days. Illinois' SB 315 takes effect at the start of 2027 with similar rules plus independent safety compliance audits, according to TechCrunch. New York also has a companion chatbot law already in force and a law on chatbots and minors that takes effect June 1, 2027.
The 72-hour window is the clearest difference. It is far shorter than California's 15 days, and a lab operating nationally will likely build its incident process around the tightest deadline it faces. For businesses buying AI rather than building it, the law does not add direct obligations, since it targets developers above the $500 million revenue line. It does create new public documents, including safety frameworks and transparency reports, that procurement and risk teams can use when vetting vendors. The timing is also notable: on the same day, Anthropic disclosed in its IPO filing that it had met an internal safety threshold, though nothing in the reporting ties that disclosure to New York's rules. For more context on the labs involved, see our OpenAI vs Anthropic comparison.
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Frequently Asked Questions
What does New York's RAISE Act require?
The RAISE Act requires large frontier AI developers to register with the state, publish safety frameworks, report critical safety incidents within 72 hours and issue public model transparency reports. Fines can reach $1 million per violation, or $3 million for later violations, according to TechCrunch.
Which AI companies must register under the RAISE Act?
The law covers frontier AI developers with more than $500 million in annual revenue, such as OpenAI and Anthropic. New York opened its registration portal on Nov. 10, 2026, and the deadline to register is Jan. 1, 2027.