My only guess is they have a parallel skunkworks working on the same thing, but in a way that they can keep it closed-source - that this was a hedge they think they no longer need, and they are missing the forest for the trees on the benefits of cross-pollination and open source ethos to their business.
It's a classic "between a rock and a hard place" scenario. Quite a conundrum.
If the players in the space have naturally coalesced around one over the last decade, can we skip the thrashing and just go with it this time?
WebGPU might be the thing that unifies the frontend API for folks writing cross-platform renderers, seeing as browsers will have to implement it on top of the platform APIs anyway.