Larry Charles, Borat director, has teamed up with "Fake Steve Jobs" blog to develop the show, iCon, for the cable channel Epix.
The show is "a savage satire centering on a fictional Silicon Valley CEO whose ego is a study in power and greed," according to Epix.
Charles, a Seinfeld veteran, is directing the pilot.
"We are attempting to do nothing less than a modern Citizen Kane," Charles said in a statement. "A scabrous satire of Silicon Valley and its most famous citizen."
Dan Lyons, a Newsweek technology consultant who created the fake Steve Jobs blog, will be the writer for the series.