The Amiga is a family of home computers that were designed and sold by the Amiga Corporation (and later by Commodore Computing International) from 1985 to 1994. Amiga Corporation The Amiga's Original Chip Set, code-named Lorraine, was designed by the Amiga Corporation during the end of the first home video game boom. Development of the Lorraine project was done using a Sage IV machine nicknamed "Agony" which had 64-kbit memory modules with a capacity of 1 mbit and a 8 MHz . Amiga Corp. funded the development of the Lorraine by manufacturing game controllers, and later with an initial bridge loan from Atari Inc. while seeking further investors. The chipset was to be used in a video game machine, but following the video game crash of 1983, the Lorraine was reconceived as a multi-tasking multi-media personal computer. The company demonstrated a prototype at the January 1984 Consumer Electronics Show (CES) in Chicago, attempting to attract investors. The Sage acted as the CPU, and BYTE described "big steel boxes" substituting for the chipset that did not yet exist. The magazine reported in April 1984 that Amiga Corporation "is developing a 68000-based home computer with a custom graphics processor. With 128K bytes of RAM and a floppy-disk drive, the computer will reportedly sell for less than $1000 late this year." Further presentations were made at the following CES in June 1984, to Sony, HP, Philips, Apple, Silicon Graphics, and others. Steve Jobs of Apple, who had just introduced the Macintosh in January, was shown the original prototype for the first Amiga and stated that there was too much hardware – even though the newly redesigned board consisted of just three silicon chips which had yet to be shrunk down. Investors became increasingly wary of new computer companies in an industry dominated by the IBM PC. Jay Miner, co-founder, lead engineer and architect, took out a second mortgage on his home to keep the company from going bankrupt. In July 1984, Atari Inc. was bought by the recently resigned CEO and founder of Commodore, Jack Tramiel. A substantial number of Commodore's employees followed him, prompting a lawsuit from Commodore for theft of trade secrets. Tramiel's son Leonard later discovered that Atari Inc. had lent $500,000 to the Amiga Corporation, with repayment due at the end of June, prompting Atari Corp. to counter Commodore. In a subsequent development, the Amiga group received interested from