A mostly improvisational work, it was produced and written by the trio with contributions from featured American instrumentalists Laraaji, Karriem Riggins, Terrace Martin, and Brandee Younger, and string arrangements from Brazilian composer Arthur Verocai.

The long period of time between Talk Memory and IV was partly due to Taveres' leaving the group.

"[4] The trio released their first album single on July 15, 2021, "Signal from the Noise"; a "nine-minute psychedelic jazz fusion odyssey", the track was produced with Floating Points and accompanied by a music video directed by Duncan Loudon.

[3][15] Multiple limited edition color variants of the LP are available from different retailers, including their web store and VMP (Vinyl Me, Please).

"[18] In a very positive review, Dean Van Nguyen of Pitchfork commented: “BadBadNotGood are known for turning tradition inside out, but Talk Memory is not just their finest album—it’s evidence of the historic appreciation that roots their reverence;” comparing the album to the group’s previous work, he detailed that “the velvety play and mildly psychedelic grooves are still present, but Talk Memory is also BBNG’s most compositionally complex record to date; it draws you in with vibrant hooks and melodic flourishes, then begs you to return and fully absorb its subtleties.”[20] The album was longlisted for the 2022 Polaris Music Prize.