From a non-profit research lab to a maze of interests involving billions of dollars in chip procurement, Brockman's Cerebras ownership timeline is worth a frame-by-frame analysis — this is not only a compliance issue but also a fundamental tension between public mission and private wealth.

EyesOnOpenAI Alliance submits a joint letter to the California Attorney General, accusing OpenAI executives of engaging in self-dealing and conflicts of interest by personally holding shares in Cerebras while pushing for billion-dollar procurement deals, potentially violating California Charitable Trust Law Section 5233. They demand full disclosure of documents and an audit of the disclosure process. Testimonies reveal that Brockman had lobbied Cerebras and concealed his holdings. Cerebras' valuation skyrocketed before and after going public, sparking controversy over public charitable assets being converted into private wealth.