Source: Economic Times

Economic Times covers New York State’s recent enactment of the RAISE Act, legislation aimed at regulating frontier AI models that present high risks due to their advanced capabilities. The law mandates comprehensive risk assessments, safety protocols, and transparency from AI developers.

The article outlines the balance sought between promoting AI innovation and ensuring public safety by enforcing stringent compliance measures. It also discusses implications for AI companies, which must now navigate increased legal responsibilities under this new framework.

The RAISE Act is seen as part of a broader national trend toward tighter AI governance, potentially influencing federal policy and other states’ regulations.