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0.00190653178630296 0.00155489479978013 0.000484793639507376 0.00151837367893722 -0.000452474063540426 -0.000420154487573108 -0.000904948127080668 -0.00132510261465378
Stock impact report

Parents call for New York governor to sign landmark AI safety bill [Verge, The]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Verge, The
A group of more than 150 parents sent a letter on Friday to New York governor Kathy Hochul, urging her to sign the Responsible AI Safety and Education (RAISE) Act, a buzzy bill that would require developers of large AI models — like Meta, OpenAI, Deepseek, and Google — to create safety plans and follow transparency rules about reporting safety incidents. The bill passed in both the New York State Senate and the Assembly in June. But this week, Hochul reportedly proposed a near-total rewrite of the RAISE Act that would make it more favorable to tech companies, akin to some of the changes made to California's SB 53 after large AI companies weighed in on it. Many AI companies, unsurprisingly, are squarely against the legislation. The AI Alliance, which counts Meta, IBM, Intel, Oracle, Snowflake, Uber, AMD, Databricks, and Hugging Face among its members, sent a letter in June to New York lawmakers detailing their “deep concern” about the RAISE Act, calling it “unworkable.” And Lead Show less Read more
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