Java SE 8 introduces several changes to the JVM, including improvements in lambda expressions and virtual extension methods, which leverage existing features like JSR 292. Though the language and libraries see major updates, the JVM's modifications are more incremental, focused on performance enhancements and optimizations related to these new capabilities. Significant internal changes, such as the removal of permgen in favor of metaspace, aim to alleviate garbage collection issues while implementations like OpenJDK 8 anticipate further performance developments in subsequent updates.