Not a working group, but a library does exist: https://cxx.rs/
I believe that TFA is actually saying that the Swift compiler speaks C++ directly without doing any codegen and just handles everything at the compilation level. Same end result but a lot of subtle differences. Not having to do codegen is a big win, especially in Rust where compile times aren't terrific and binary sizes can already bloat up due to the statically linked nature.
A better C++ rust interop story is a critical piece for Rust's success IMO
Best to make that a first party feature built into the language compiler and have it do the majority of the work automatically rather than manually define the C++ types, functions, etc using a third party library.