AI Regulation

New York Gov. Kathy Hochul significantly scaled back the RAISE Act, a state AI safety bill sponsored by Assemblyman Alex Bores and Sen. Andrew Gounardes, removing a ban on releasing models that pose an 'unreasonable risk,' extending incident‑reporting to 15 days (from 72 hours), and weakening penalties. The governor’s office defended the changes as a commonsense, California‑aligned approach amid the absence of federal leadership, while the bill’s sponsors accused Big Tech of pressuring the state just as a federal executive order moved to undercut state AI laws.