Chaos has announced a new version of V-Ray 6 for 3ds Max. New features of update 1 include:
Masking for Lens Effects and Denoiser
V-Ray Light Material post-processing
Decal cylindrical projection
Decal additive bump
Custom resolution per camera
Initial USD export and USD Stage support
Faster heavy scene loading
Viewport composition guides
Faster fog rendering
Compressed textures mode for GPU rendering
V-Ray Clipper Mesh mode for GPU rendering
New V-Ray Material Translucency for GPU rendering
Render Element support through refractive surfaces when GPU rendering
Visual annotations and versioning on Chaos Cloud.
Detail: https://www.chaos.com/vray/3ds-max/whats-new
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