A company called GemStone Systems, who's focus is enterprise and performance, has a teaser site that's got a few people talking...
Ruby that scales™
http://ruby.gemstone.com/
What are they up to over there? Not sure yet, guess we'll have to wait for RubyConf '08... but it could be interesting.
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new Ruby VM done in C: http://www.infoq.com/news/2008/04/maglev-gemstone-builds-ruby
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