Cloudflare and VoidZero are now working with Max Schwenk of Owner.com on tsrs, a Rust port of the TypeScript compiler. We are doing this work in close collaboration with the TypeScript team, and incubating tsrs as part of the Oxc JavaScript compiler toolchain.
Introducing tsrs: a Port of TypeScript to Rust

From the official release
Our goal is to help developers spend less time waiting for their code to be checked and more time building. Making TypeScript faster and more memory-efficient also helps bring complete development environments to more places, including right in your browser.
To be clear, we are not forking TypeScript. We believe the TypeScript team should remain in full control of the language’s design and direction. They have maintained a long-term vision while guiding TypeScript’s adoption across the JavaScript community. We do not want to change that.
This is a short excerpt. Read the full announcement on the official source.
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