OpenAI and Anthropic must comply with New York’s new AI safety law by 2027

New York has begun enforcing the RAISE Act, a new AI safety law targeting large developers such as OpenAI and Anthropic. These companies, with over $500 million in annual revenue, must register with the state by January 2027, publish safety frameworks, report safety incidents within 72 hours, and release transparency reports. The Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT) will oversee compliance, with penalties of up to $1 million for a first violation and $3 million for subsequent breaches.

Governor Kathy Hochul also announced the launch of the New York Center for AI Responsibility and Research at Binghamton University, which will independently review AI safety and work with DIGIT. The RAISE Act follows other state laws, such as California’s SB 53 and Illinois’ SB 315, which also require safety frameworks and incident reporting.

For regulated industries, these rules mean increased scrutiny of AI vendors and the need to align procurement and risk management with new legal standards. Failure to comply could result in significant financial penalties and reputational risk. Watch for further guidance from DIGIT as registration and reporting deadlines approach.