AbstractBenefiting from low power consumption and high processing speed, there is a growing interest in diffraction neural networks (DNNs), which are typically showcased with 3D printing devices, leading to large volumes, high costs, and low levels of integration. Metasurfaces can desirably manipulate wavefronts of electromagnetic waves, providing a compact platform for mimicking DNNs with novel functions. Although multi‐wavelength and multi‐target recognition provides a richer and more detailed understanding of complex environments, existing architectures are primarily trained to classify a single target at a specific wavelength. A metasurface approach is proposed to design multiplexed DNNs that can classify multiple targets and spatial sequences across various wavelengths in multiple channels. To realize multi‐task processing, the dielectric metasurface is designed based on phase and wavelength multiplexing, which can integrate multi‐target DNNs with different tasks such as operating at distinct wavelengths and classifying diverse targets. The efficacy of this method is exemplified through the numerical simulation and experimental demonstration of recognizing a single target with two wavelengths, two targets at a single wavelength, and two targets at dual wavelengths. This compact metasurface approach enables the design of multi‐target and multi‐wavelength DNNs, opening a new window to develop massively parallel processing and versatile artificial intelligence systems.