New York Opens RAISE Act Registration for Frontier Developers Over $500M

What happened

Under the state's Nov 10 announcement, registration runs through the Office of Digital Innovation, Governance, Integrity, and Trust (DIGIT), newly established inside the New York State Department of Financial Services (DFS), with Marc Gilman named deputy director for the RAISE Act. Registration covers large frontier developers whose annual gross revenue, together with affiliates, exceeds $500 million, for frontier models developed, deployed or operating in New York.

The law, the Responsible AI Safety and Education (RAISE) Act, was signed by the governor on Dec 19, 2025, with a chapter amendment signed on Mar 27, 2026; its substantive duties take effect on Jan 1, 2027: publish safety and transparency frameworks, report critical safety incidents within 72 hours, and file quarterly assessments of catastrophic risk. Penalties run up to $1 million for a first violation and $3 million for subsequent ones, enforced by the Attorney General.

The same day, New York also launched the New York Center for AI Responsibility and Research (NYCAIRR), based at Binghamton University, which plans to bring together more than 80 researchers to independently verify the safety of AI systems; the center has no authority to compel companies to undergo audits. TechCrunch names OpenAI and Anthropic among the companies that must register. California's SB 53 took effect on Jan 1, 2026, while Illinois's SB 315 and New York's RAISE Act both take effect on Jan 1, 2027.

Key facts

1. Registration: Opened Nov 10, 2026, run by the new DIGIT office inside DFS; filings are due by Jan 1, 2027
2. Who is covered: Large frontier developers with more than $500 million in annual gross revenue together with affiliates; a frontier model is one trained with more than 10^26 operations of compute
3. Duties once in effect: Publish safety and transparency frameworks; report critical safety incidents within 72 hours; file quarterly assessments of catastrophic risk
4. Penalties: Up to $1 million for a first violation and $3 million for subsequent ones, enforced by the Attorney General; $1,000 a day for late disclosure filings
5. Research center: The New York Center for AI Responsibility and Research (NYCAIRR) launched the same day at Binghamton University, planning to bring together more than 80 researchers; it has no power to compel audits
6. Legislative path: Signed Dec 19, 2025; chapter amendment signed Mar 27, 2026; takes effect Jan 1, 2027; California's SB 53 took effect Jan 1, 2026