diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index c523ce19f0..7e334b0f0f 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.8.0"
+  ".": "1.8.1"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index c2ac83cdeb..babe5b1f50 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## 1.8.1 (2024-01-18)
+
+Full Changelog: [v1.8.0...v1.8.1](https://github.com/openai/openai-python/compare/v1.8.0...v1.8.1)
+
+### Chores
+
+* **internal:** fix typing util function ([#1083](https://github.com/openai/openai-python/issues/1083)) ([3e60db6](https://github.com/openai/openai-python/commit/3e60db69f5d9187c4eb38451967259f534a36a82))
+* **internal:** remove redundant client test ([#1085](https://github.com/openai/openai-python/issues/1085)) ([947974f](https://github.com/openai/openai-python/commit/947974f5af726e252b7b12c863743e50f41b79d3))
+* **internal:** share client instances between all tests ([#1088](https://github.com/openai/openai-python/issues/1088)) ([05cd753](https://github.com/openai/openai-python/commit/05cd7531d40774d05c52b14dee54d137ac1452a3))
+* **internal:** speculative retry-after-ms support ([#1086](https://github.com/openai/openai-python/issues/1086)) ([36a7576](https://github.com/openai/openai-python/commit/36a7576a913be8509a3cf6f262543083b485136e))
+* lazy load raw resource class properties ([#1087](https://github.com/openai/openai-python/issues/1087)) ([d307127](https://github.com/openai/openai-python/commit/d30712744be07461e86763705c03c3495eadfc35))
+
 ## 1.8.0 (2024-01-16)
 
 Full Changelog: [v1.7.2...v1.8.0](https://github.com/openai/openai-python/compare/v1.7.2...v1.8.0)
diff --git a/pyproject.toml b/pyproject.toml
index 5019e6cf7e..5143f6ec53 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "openai"
-version = "1.8.0"
+version = "1.8.1"
 description = "The official Python library for the openai API"
 readme = "README.md"
 license = "Apache-2.0"
diff --git a/src/openai/_version.py b/src/openai/_version.py
index 311cab2540..571e03b7e6 100644
--- a/src/openai/_version.py
+++ b/src/openai/_version.py
@@ -1,4 +1,4 @@
 # File generated from our OpenAPI spec by Stainless.
 
 __title__ = "openai"
-__version__ = "1.8.0"  # x-release-please-version
+__version__ = "1.8.1"  # x-release-please-version