Abstract Understanding and predicting the dynamic processes that underpin material performance are crucial for designing next‐generation materials capable of meeting the evolving demands of modern technologies. These processes—often occurring at atomic or molecular scales in condensed phases—remain notoriously difficult to probe experimentally. Artificial intelligence (AI) now offers a transformative framework that enables unprecedented realism in modeling, interpreting, and even generating multiscale dynamics under various external conditions. In this Review, we highlight recent advances in AI‐based machine learning potentials, AI‐guided interpretability, and generative AI for dynamic prediction, and demonstrate their applications to key challenges in materials science, including phase transitions in transforming materials and plastic deformation in metallic structural materials. Finally, we discuss the remaining challenges and outline future opportunities, aiming to inspire the development of AI‐powered frameworks that can probe atomic‐level dynamics and accelerate materials design.