Nvidia has had a poor history in consoles with the XB1 licensing issues and the slightly outdated GPU that they had in the PS3 (tho that was more Sony's fault for thinking that 2 CELL CPUs would actually be a viable option until the last minute and then basically grabbing an off the shelf GPU with small modifications).
If Nvidia was willing to bend on their licensing terms, and Sony going AMD could make them a viable option. It would make sense given that all the next gen tech demoes were running on Nvidia GTX680.
@TheVoxelman on twitter