Will updating from 2.6.4 to 3.3.5 decrease render times?

I ran the tests with all the Models and it upscaled it very fast for me.

With VEAI 2.6.4 i took me 1m 6s to upscale it to 1080p using Artemis HQ - Auto (I did not test the others with VEAI - the others i tested with TVAI v3.3.5 - see below), twice the time it took me with TVAI v3.3.5. I encoded it as h264 CRF21 in VEAI. in TVAI it was encoded using h265 which supposedly slower then h264. Even then, TVAI v3.3.5 beat the VEAI v2.6.4 more than 100% speed.

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Here are the time it took for each one of the AIs in TVAI v3.3.5

Here is one I upscaled to 4K with TVAI v3.3.5

those are the settings I used for upscale with TVAI v3.3.5

You can download the Videos I upscaled and see which one you like the most
https://drive.google.com/drive/folders/1NtiWj51Bg6M6yt1nqiuN2yDI9VcqdW_G?usp=sharing

My Specs:
Processor: Intel(R) Core™ i7-4930k CPU @ 3.40GHz (Ivy Bridge-E)
RAM: 32.0 GB DDR3 SDRAM Quad Channel 1600MT/s 9-9-9 (CL9 / CAS# 9.0)
OS: Windows 10 Enterprise Edition (64-Bit) 22H2
GPU: NVIDIA GTX 1080 Ti (11Gb VRAM)

As for the GPU: in Gaming the performance of the GTX1080 Ti is in par with the RTX 3060.
In TVAI (v3.x) the 3060 I think would perform better as the 3060 has Tensor Cores & RT Cores and mines doesn’t (1080 Ti, only has CUDA cores) and TVAI utilized those RT/Tensor Cores to its benefit. CUDA cores count are the same for both 1080 Ti & RTX3060 (3584 CUDA Cores). 3060 also comes with GDDR6 while 1080 Ti is GDDR5x. so my bet that you would get better results with a RTX3060 then i am getting with my GTX 1080 Ti

As you can see the only major difference between your computer and mines are: the GPU and the Topaz version (v3.3.5)

If you want to check the difference between the outputs, I suggest using the Video-Compare tool.