Cerebras vs Texas Instruments: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Cerebras and Texas Instruments side by side

1. 1951Texas Instruments

   Texas Instruments Incorporated Founded

   Texas Instruments Incorporated was formally established as an independent entity in 1951 by Cecil H. Green, J. Erik Jonsson, Eugene McDermott, and Patrick E. Haggerty, growing out of the electronics manufacturing operations of Geophysics Service Incorporated.

2. 1952Texas Instruments

   Western Electric Transistor License Acquired

   TI acquired a license from Western ElectricAT&T's manufacturing subsidiaryto produce transistors based on Bell Laboratories' technology for a fee of 25,000 dollars.

3. 1954Texas Instruments

   First Commercial Silicon Transistor

   TI engineer Gordon Teal announced the world's first commercial silicon transistor at the Institute of Radio Engineers convention, shocking competitors who had not believed silicon transistors were manufacturable at commercial volumes.

4. 1958Texas Instruments

   Jack Kilby Invents the Integrated Circuit

   On September 12, 1958, TI engineer Jack Kilby demonstrated the world's first working integrated circuit, a small piece of germanium containing a transistor, capacitor, and resistors connected by metal wire on a single substrate.

5. 1972Texas Instruments

   First Handheld Electronic Calculator

   TI introduced the Datamath, the world's first commercial handheld electronic calculator powered by a single integrated circuit chip that TI designed and manufactured.

6. 1978Texas Instruments

   TMS9900: World's First Single-Chip 16-Bit Microprocessor

   TI introduced the TMS9900, the world's first commercially available single-chip 16-bit microprocessor.

7. 1983Texas Instruments

   Exit from Home Computer Market

   Texas Instruments announced the discontinuation of the TI-99/4A home computer following losses estimated at approximately 660 million dollars from its consumer PC business.

8. 1996Texas Instruments

   Digital Light Processing Technology Commercial Launch

   TI commercially launched Digital Light Processing technology based on the Digital Micromirror Device chip invented by engineer Larry Hornbeck in 1987.

9. 2011Texas Instruments

   National Semiconductor Acquisition for 6.5 Billion Dollars

   TI completed the acquisition of National Semiconductor Corporation for approximately 6.5 billion dollars in cash, adding National's extensive analog product portfolioparticularly in power management and audio amplifiersto TI's catalog.

10. 2013Texas Instruments

    Exit from Mobile Application Processor Business

    Texas Instruments formally exited the mobile application processor market, discontinuing development of its OMAP processor line that had powered smartphones and tablets from Nokia, Motorola, Amazon, and Barnes and Noble.

11. 2015Cerebras

    Cerebras Systems Founded in Los Altos

    Andrew Feldman, Gary Lauterbach, Sean Lie, Michael James, and Jean-Philippe Fricker founded Cerebras in stealth mode.

12. 2019Cerebras

    Unveiling of the Historic Wafer-Scale Engine 1 (WSE-1)

    Shocked the semiconductor industry at Hot Chips by revealing the world's first wafer-scale chip (1.2T transistors, 400,000 cores).

13. 2021Cerebras

    Launch of WSE-2 & $250M Series F at $4.0B Valuation

    Released 7nm WSE-2 with 2.6 trillion transistors and 850,000 cores, raising $250 million led by Alpha Wave Ventures.

14. 2021Texas Instruments

    CHIPS Act Manufacturing Expansion Announcement

    TI announced plans to construct new 300-millimeter semiconductor fabrication facilities in Sherman, Texas, and to expand its Lehi, Utah facility acquired from Micron Technology.

15. 2023Cerebras

    Condor Galaxy Multi-Exoflop Supercomputer Alliance with G42

    Announced historic partnership with UAE's G42 to build Condor Galaxy, one of the world's largest AI supercomputers.

16. 2023Texas Instruments

    Haviv Ilan Becomes CEO

    Haviv Ilan assumed the role of President and Chief Executive Officer of Texas Instruments, succeeding Rich Templeton who had served as CEO since 2004.

17. 2024Cerebras

    Debut of WSE-3 with 4 Trillion Transistors (TSMC 5nm)

    Unveiled WSE-3, delivering 125 petaflops of AI compute and 900,000 cores on a single 300mm silicon wafer.

18. 2024Cerebras

    Launch of Cerebras Inference Cloud (1,800+ Tokens/Sec)

    Launched cloud inference platform, setting global records by generating 1,800+ tokens per second on Llama 3.1 70B.

19. 2024Cerebras

    Cerebras Files Public S-1 Registration for Nasdaq IPO

    Filed its first Form S-1 for a Nasdaq listing under the ticker CBRS in September 2024, disclosing that G42 supplied 87% of first-half 2024 revenue; the filing was withdrawn in 2025.

20. 2025Cerebras

    Series G at $8.1 Billion Valuation

    Cerebras raised $1.1 billion in September 2025 at an $8.1 billion valuation.

21. 2026Cerebras

    Nasdaq IPO as CBRS

    Priced 30 million shares at $185 on May 13, 2026, raising $5.55 billion, and closed its first day of trading up 68% at $311.07.

Acquisitions

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