This is an interesting application of so-called AI, where the result is actually desirable and isn't some sort of frivolity or grift. The memory-safety guarantees offered by native Rust code would be a very welcome improvement over C code that guarantees very little. So a translation of legacy code into Rust would either attain memory safety, or wouldn't compile. If AI somehow (very unlikely) manages to produce valid Rust that ends up being memory-unsafe, then it's still an advancement as the compiler folks would have a new scenario to solve for.

Lots of current uses of AI have focused on what the output could enable, but here, I think it's worth appreciating that in this application, we don't need the AI to always complete every translation. After all, some C code will be so hardware-specific that it becomes unwieldy to rewrite in Rust, without also doing a larger refactor. DARPA readily admits that their goal is simply to improve the translation accuracy, rather than achieve perfection. Ideally, this means the result of their research is an AI which knows its own limits and just declines to proceed.

Assuming that the resulting Rust is: 1) native code, and 2) idiomatic, so humans can still understand and maintain it, this is a project worth pursuing. Meanwhile, I have no doubt grifters will also try to hitch their trailer on DARPA's wagon, with insane suggestions that proprietary AI can somehow replace whole teams of Rust engineers, or some such nonsense.

Edit: is my disdain for current commercial applications of AI too obvious? Is my desire for less commercialization and more research-based LLM development too subtle? :)