New York Governor Signs RAISE Act to Regulate AI Safety

New York Governor Signs RAISE Act to Regulate AI Safety

According to TechCrunch AI, New York Governor Kathy Hochul has signed the RAISE Act into law, introducing new regulatory requirements for artificial intelligence developers in the state.

The legislation mandates that large AI developers publish information detailing their safety protocols, marking a significant step in AI oversight at the state level. Additionally, the law requires companies to report safety incidents to the state within 72 hours of occurrence.

The RAISE Act represents New York’s entry into the growing landscape of state-level AI regulation, as lawmakers across the country grapple with how to balance innovation with safety concerns. The 72-hour reporting requirement suggests the state intends to maintain active oversight of AI safety issues as they emerge.

While the report does not specify what qualifies as a “large” AI developer or define the types of safety incidents that must be reported, the law’s passage signals increasing government attention to AI safety measures and transparency requirements for companies developing artificial intelligence systems.