Pi (usually denoted by the Greek letter π) is the ratio of the circumference to the diameter of a circle.
π = C / d
This ratio is constant, regardless of the size of the circle. π can also be defined as the ratio of the area to the square of the radius of a circle.
π = A / r2
Time line
c. 2000 BC - Babylonians put the ratio of the circumference of a circle to its diameter at around 3. Later estimates (around 1900 B.C.) put the value at 25/8 (3.125). At around the same time in Egypt, the approximation 256/81 (about 3.16) was used, and in India, 339/108 (about 3.139).
c. 225 BC - Archimedes of Syracuse showed that the value of π was between 310/71 and 31/7. He used a method of inscribing a circle inside regular polygons, then estimating π based on their perimeters.
5th century BC - Chinese mathematician and astronomer Zu Chongzhi calculated the value of the ratio of the circumference of a circle to its diameter to be 355/113, which is accurate to seven digits. This is the best approximation to the true value of π of any fraction with a denominator less than 30,000.
c. 1400 - Madhava of Sangamagrama used an infinite series method to estimate π to be 3.14159265359, which is accurate to eleven decimal places.
1424 - Jamshīd al-Kāshī gave an estimate π that is correct to 16 digits.
c. 1600 - Ludolph van Ceulen computed the first 35 digits of π, and had the digits engraved on his tombstone in 1610.
1647 - William Oughtred used π.δ as an abbreviation for "periphery-diameter" in his Clavis mathematicae (The Key to Mathematics).
1706 - William Jones was the first to use the symbol π on its own in his Synopsis Palmariorum Matheseos.
1737 - Leonhard Euler adopted the use of the symbol π, cementing its popularity.
1761 - Johann Lambert proved that π is irrational (π cannot be expressed as the ratio of two integers).
1789 - Jurij Vega calculated 140 digits of π, but only the first 126 were correct.
1881 - Ferdinand Lindemann showed that π is a transcendental number (there is no polynomial with rational coefficients of which π is a root).
1873 - William Shanks computed 707 digits of π, but only the first 527 were correct.
1949 - John von Neumann used ENIAC to compute 2037 digits of π, using about 70 hours of computing time.
1973 - The 1,000,000th digit of π was computed using a CDC 7600 supercomputer.
1999 - Yasumasa Kanada lead a group at Tokyo University that computed π to more than 206 billion places.
2002 - The Tokyo University group beat their own record by computing π to more than 1.24 trillion digits using 600 hours of computing time on a Hitachi SR8000 supercomputer.
2009 - Daisuke Takahashi at the University of Tsukuba in Japan, calculated nearly 2.6 trillion digits of π in 29 hours on a T2K Open Supercomputer. In the same year, Fabrice Bellard computed nearly 2.7 trillion digits of π in a total of 131 days on a 2.93 GHz Core i7 (desktop class) CPU.
Piphilology
The first 50 digits of π are:
3.14159265358979323846264338327950288419716939937510
Piphilology is the art of composing mnemonic phrases for remembering the digits of π. For example, the first nine digits are encoded in the number of letters in each word of the phrase
How I wish I could recollect pi easily today!Sir James Jeans embedded the first 15 digits in the following phrase (sometimes attributed to Isaac Asimov, there are several variations):
How I want a drink, alcoholic of course, after the heavy lectures involving quantum mechanics!The first 740 digits of π are encoded in Michael Keith's 1995 variation of Edgar Allen Poe's The Raven. Here's the first section of 42 words:
Poe, E. Near A Raven
Midnights so dreary, tired and weary,
Silently pondering volumes extolling all by-now obsolete lore.
During my rather long nap - the weirdest tap!
An ominous vibrating sound disturbing my chamber's antedoor.
"This," I whispered quietly, "I ignore."
...
Keith followed this poem (or more appropriately, piem) in 1996 with Cadaeic Cadenza, a short story which encodes the first 3,835 digits of π, and in early 2010 he published Not a Wake, a novelette that recounts "A dream embodying π's digits fully for 10,000 decimals."
Additional References:
History of Pi by Petr Beckmann
The Universal Book of Mathematics by David Darling
For a much more detailed record of the computation of the digits of π, see the Chronology of computation of π.