
On December 20, 2025, New York Governor Kathy Hochul signed the RAISE Act, creating one of the strictest AI safety laws in the United States. The law forces large frontier AI developers to publish safety frameworks, assess critical risks and report serious incidents to the state within 72 hours.
This article aggregates reporting from 4 news sources. The TL;DR is AI-generated from original reporting. Race to AGI's analysis provides editorial context on implications for AGI development.
New York’s RAISE Act is the clearest example yet of a U.S. state trying to regulate the behavior of frontier AI developers, not just their downstream applications. By requiring firms like OpenAI, Google, Meta and DeepSeek to publish safety protocols, perform risk assessments and report serious incidents within 72 hours, Albany is importing playbooks from sectors like aviation and nuclear into AI development. ([techcrunch.com](https://techcrunch.com/2025/12/20/new-york-governor-kathy-hochul-signs-raise-act-to-regulate-ai-safety/?utm_source=openai))
This matters for the AGI race because it turns vague safety promises into enforceable obligations with million‑dollar penalties. For large labs, the cost of compliance will be small relative to training runs, but the precedent is huge: California and New York together now define a de facto baseline for U.S. frontier AI operations while federal efforts stall. ([axios.com](https://www.axios.com/2025/12/19/new-york-ai-safety-bill-hochul)) That baseline includes transparency about catastrophic‑risk scenarios and a regulator empowered to ask tough questions. Smaller labs may benefit if the law reins in the most aggressive scaling strategies of the biggest players, but they could also find themselves swept into similar rules if thresholds are lowered over time.
Globally, other jurisdictions now have a live template for how to regulate advanced models without banning them outright. That will shape where labs build data centers, how they structure safety teams and how quickly they push toward more agentic systems.
OpenAI is in early-stage talks to raise up to $100 billion in new funding that could lift its valuation to roughly $750–830 billion, according to multiple media reports citing unnamed sources.
DOE signed nonbinding MOUs with 24 AI and compute organizations to apply advanced AI and high-performance computing to Genesis Mission scientific and energy projects.
Google Public Sector and Google DeepMind will provide Gemini-based AI platforms and tools to DOE’s Genesis Mission, giving all 17 U.S. national laboratories secure access to frontier models such as Gemini for Government and the AI co-scientist system.
Preliminary talks for a potential funding round of up to $100 billion that would value OpenAI around $750 billion.
Waymo is reportedly negotiating a funding round exceeding $15 billion at around a $100 billion valuation to expand its robotaxi operations.

