Bing's primary pressure is a need to compete performance wise with Google. The fact that the implementation is bad doesn't mean they don't need to match on the metrics.
Nobody said the problem was AMP's code being available. The issue is the way Google is forcing their framework's dominance using their search monopoly.
Does Bing host the pages on their own servers? Hosting your content on their servers could be a motivation for joining. If Google is going to appify your websites on their own servers, then Microsoft doesn't want to be left out. They can both put giant back buttons on your website that take you back to the search engine results instead of deeper into the website.