IBM pioneered hardware virtualization for isolation on their System/370 mainframes with VM/370 in 1972.
VMWare ESX hypervisor brought virtualization to x86 servers (2001).
Xen hypervisor introduced open-source virtualization for x86 (2003).
By the time VBS showed up, the concepts were already several decades old.
VBS uses a hypervisor and hardware virtualization to isolate processes for security. These concepts trace back to systems like the IBM VM/370.
Conceptually it's essentially the same thing. The difference with VBS is the scope and purpose of what's being virtualized.
Microsoft introduced I/O Rings, more or less a 1:1 copy of io_uring, in Windows 21H1.
https://learn.microsoft.com/en-us/windows/win32/api/ioringap...
https://windows-internals.com/i-o-rings-when-one-i-o-operati...
https://windows-internals.com/ioring-vs-io_uring-a-compariso...
Windows 8/2012 R2 did introduce Registered I/O for WinSock which is very similar to I/O Rings and io_uring.
https://learn.microsoft.com/en-us/previous-versions/windows/...
Win11 does have something similar: https://learn.microsoft.com/en-us/windows/win32/api/ioringap...