From an outsider's perspective, and until there's a clear explanation available, it just seems like a massive bundler.
Altman and Toner came into conflict over a mildly critical paper Toner wrote involving Open AI and Altman tried to have her removed from the board.
This is probably what precipitated this showdown. The pro safety/nonprofit charter faction was able to persuade someone (probably Ilya) to join with them and oust Sam.
https://www.nytimes.com/2023/11/21/technology/openai-altman-...