Now, if I'm up to date on my gaming history...
Nintendo abandoned the project due to internal issues between the companies. They would later go on to partner with Philips Interactive to produce the infamous Philips CD-i.
Sony, left with an unfinished prototype, decided to produce it themselves; remarketing it as the Sony PlayStation. And we all know the rest of the story...
I wonder what happened in the alternate timeline though: the one where the Nintendo PlayStation was released to the public...