Recently, magnetically actuated micro/nanorobots hold extensive promises in biomedical applications due to their advantages of non‐invasiveness, fuel‐free operation, and programmable nature. While effectively promised in various fields such as targeted delivery, most past investigations are mainly displayed in magnetic control of individual micro/nanorobots. Facing practical medical use, the micro/nanorobots are required for the development of swarm control in a closed‐loop control manner. This review outlines the recent developments in magnetic micro/nanorobot swarms, including their actuating fundamentals, designs, controls, and biomedical applications. The fundamental principles and interactions involved in the formation of magnetic micro/nanorobot swarms are discussed first. The recent advances in the design of artificial and biohybrid micro/nanorobot swarms, along with the control devices and methods used for swarm manipulation, are presented. Furthermore, biomedical applications that have the potential to achieve clinical application are introduced, such as imaging‐guided therapy, targeted delivery, embolization, and biofilm eradication. By addressing the potential challenges discussed towards the end of this review, magnetic micro/nanorobot swarms hold promise for clinical treatments in the future.This article is protected by copyright. All rights reserved