Apple is set to launch its Private AI Cloud and has announced a bug bounty program offering up to $1 million to security researchers who identify vulnerabilities. The program incentivizes the reporting of exploits that could allow remote code execution or sensitive data extraction from its Private Cloud Compute servers. Researchers can earn up to $250,000 for critical reports and additional amounts for issues impacting user data security. This initiative extends Apple's existing bug bounty program, showcasing its commitment to enhancing cybersecurity as it rolls out new services.