The option of DirectPath I/O on the network adapter on the VMs running on ESXI 8.0 is not available. While the same is available as an option in ESXi 7.0.x in UI.
For eg: You will notice this change if you upgrade the ESXi host from 7.0 to 8.0 version.
>> ESXi host version 7.0.x
>> ESXi host version 8.0.x
vSphere 6.x
vSphere 7.0.x
vSphere 8.0.x