diff --git a/.release-please-manifest-submodules.json b/.release-please-manifest-submodules.json
index 155e808fcd29..cb9ceb5bc807 100644
--- a/.release-please-manifest-submodules.json
+++ b/.release-please-manifest-submodules.json
@@ -22,7 +22,7 @@
   "cloudbuild": "1.2.0",
   "clouddms": "1.2.0",
   "cloudtasks": "1.4.0",
-  "compute": "1.7.0",
+  "compute": "1.8.0",
   "contactcenterinsights": "1.2.2",
   "container": "1.3.1",
   "containeranalysis": "0.4.0",
diff --git a/compute/CHANGES.md b/compute/CHANGES.md
index 1dc8c44ea1a4..7b383702efa7 100644
--- a/compute/CHANGES.md
+++ b/compute/CHANGES.md
@@ -1,5 +1,12 @@
 # Changes
 
+## [1.8.0](https://github.com/googleapis/google-cloud-go/compare/compute/v1.7.0...compute/v1.8.0) (2022-08-04)
+
+
+### Features
+
+* **compute:** Update Compute Engine API to revision 20220720 ([#723](https://github.com/googleapis/google-cloud-go/issues/723)) ([3db735c](https://github.com/googleapis/google-cloud-go/commit/3db735c3c35ab3473ceb1948cf4da09b87728ef9))
+
 ## [1.7.0](https://github.com/googleapis/google-cloud-go/compare/compute/v1.6.1...compute/v1.7.0) (2022-06-16)
 
 
diff --git a/compute/internal/version.go b/compute/internal/version.go
index 7c251d994559..0ad9373b3b59 100644
--- a/compute/internal/version.go
+++ b/compute/internal/version.go
@@ -15,4 +15,4 @@
 package internal
 
 // Version is the current tagged release of the library.
-const Version = "1.7.0"
+const Version = "1.8.0"