Millions of people worldwide are affected by some disability, including but not limited to limb loss, hearing loss, spinal cord injury, or visual impairment. Neural prostheses are designed to provide or replace lost functionality to these individuals. In the case of upper limb loss, simplified hook‐like body‐powered controlled prostheses can be used; however, recent technological developments have led to anthropomorphic dexterous manipulators that require more advanced control strategies. Further, direct control of these manipulators via neural motor signals is seen as a more natural and biomimetic solution. Recent work has utilized direct neural interfacing with the brain to measure motor commands for prosthesis control and to deliver sensory percepts to the user, either through the peripheral nervous system or through the cortex. Current upper limb prosthesis interfaces mainly rely on forward motor commands for control, but recent research has also focused on providing sensory feedback to the user, specifically the sense of touch. This article provides an introductory overview of neural prostheses, such as visual and auditory devices, and an in‐depth look at the state of the art in bidirectional neural prostheses, including control of a dexterous limbs with motor signals from the nervous system and the incorporation of sensory feedback.