Exact minimal number of ring multiplications for general matrix multiplication formats
Determine, for arbitrary positive integers n, m, and p, the minimal number of multiplications in the coefficient ring required to compute the product of an n×m matrix and an m×p matrix—that is, the exact rank of the matrix multiplication tensor—for both asymptotically large matrices and for almost every specific finite format.
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More than half a century after the discovery of Strassen's algorithm, we still do not know how many multiplications in the ground ring are necessary for multiplying an $n\times m$ matrix with an $m\times p$ matrix. The question is not only open for asymptotically large matrices but for almost every specific matrix format.
— Consequences of the Moosbauer-Poole Algorithms
(2505.05896 - Kauers et al., 9 May 2025) in Opening paragraph after the abstract (first page)