RealFeedApp Large AI developers must register by January 1, 2027
The newly formed DIGIT office will enforce the RAISE Act, imposing fines up to $3 million for violations. Large frontier AI developers with over $500 million in annual revenue must publish safety frameworks and model transparency reports.
- Field
- industry news
- What they did
- The state of New York is enforcing the RAISE Act, requiring large frontier AI developers with over $500 million in annual revenue to register on a specific portal, publish safety frameworks, and report critical incidents within 72 hours.
- Why it matters
- A newly formed DIGIT office will oversee compliance, with penalties for violations reaching up to $3 million for repeat offenses.
#ai safety#regulation#openai#anthropic#new york
