Training material?
I'll admit that LLMs are not exactly my area of expertise, far from it. So my understanding of the matter may be completely wrong; anyway my current understanding of LLMs is roughly this:
LLMs compute, during their training phase, the probabilities that certain output sequences of words somehow "match" given input sequences of words, with "matching" meaning that a human reader will recognize the output sequence as a valid, sensible response to the input sequence. To achieve this, they need to process several gazillions of such pairs of sequences as have been previously established to "make sense" to a human reader, which is preceisely where there is the rub... (And, of course, LLMs don't "understand" a thing about those input or output sequences, which is why they'll happily recommend eating stones as part of a healthy diet or resolutely confirm that a rucksack will, on average, perform no worse than a parachute in arresting a free fall from an altitude of several thousand feet if that happened to be in their training input, their understanding of irony or sarcasm being somewhat limited.)
If this is so, then in order to train an LLM to translate C program code to functionally equivalent Rust program code - including cases where e.g. code doing crazy pointer arithmetics has to be painstakingly refactored rather than just "translated" - would require a gazillion or two of such pairs of code, which is not currently to be had for love or money. Ok, ok, the requisite training material *could*, in theory, be had for *money*, by hiring competent programmers to perform the translation job manually, but you'd need *an awful lot* of people, time and money, possibly more than could ever be saved by the resulting LLM, which is where the Ouroboros will bite its tail.
But hey, maybe this was precisely the idea:
"Oh, man, if only we could get rid of all that crappy C code in our mission-critical softwares!"
"Well, all you need to do is re-write the code, look there's already a project to re-implement POSIX shell utilities in Rust, we just need a lot more of such projects."
"Bah, you know as good as I that we'll *never*, *ever* get the funding for such an undertaking, code refactoring just isn't 'trendy' enough. These days, all the investment money, as well as public funding, goes to stuff that you can label 'AI', who cares about mundane tasks such as refactoring the basic foundations of our IT infrastructure!"
"Did you just say 'AI'? Hey man, I think I have just conceived a cunning plan..." XD