NY A09449

Establishes the Responsible AI Safety and Education (RAISE) Act, requiring "large frontier developers" (those with over $500 million in annual revenue) to publish detailed AI safety frameworks on their websites covering risk assessment, cybersecurity practices, and incident response protocols

Defines "frontier model" as foundation AI models trained using computing power exceeding 10²⁶ operations, and "catastrophic risk" as risks that could cause death/injury to 50+ people or $1+ billion in property damage from a single incident

Requires frontier developers to report critical safety incidents to the Department of Financial Services within 72 hours, or within 24 hours if there is imminent risk of death or serious injury

Mandates large frontier developers file disclosure statements with the state every two years, including ownership information and designated contacts, and pay pro rata assessments to fund regulatory oversight

Authorizes civil penalties of up to $1 million for first violations and $3 million for subsequent violations, enforceable only by the Attorney General with no private right of action; exempts accredited universities and the Empire AI consortium from requirements