Some of Python linters enforce such style. If you enable pylint or black I think they do that by default.
Especially the alphabetic ordering is important in my view. Makes parsing/reading and spotting duplicates much easier. It is also PEP8 style [0].
For all these reasons, I think the pyramid style is awful in comparison.
Since Python imports can have side effects, the order can matter. But to the extent that it doesn't break anything, alphabetically sorted groups seems deterministic and readable.
I think this might be the most popular implementation for auto-sorting: https://pypi.org/project/isort/