Let R(A) denote the bilinear complexity (also called rank) of a finite dime
nsional associative algebra A.
We prove that R(A) Z greater than or equal to 5/2 dim A - 3(n(1) +...+ n(t)
) if the decomposition of A/rad A congruent to A(x) x...x A(t) into simple
algebras A(tau) congruent to D-tau(n tau) congruent to D-tau(n tau xn tau)
contains only noncommutative factors, that is, the division algebra D-tau i
s noncommutative or n(tau) greater than or equal to 2. In particular, n x n
-matrix multiplication requires at least 5/2n(2) - 3n essential bilinear mu
ltiplications. We also derive lower bounds of the form (5/2 - o(1)).dim A f
or the algebra of upper triangular n x n-matrices and the algebra k [X, Y]/
(Xn+1, (XY)-Y-n, (Xn-1Y2),..., Yn+1) of truncated bivariate polynomials in
the indeterminates X, Y over some held k.
A class of algebras that has received wide attention in this context consis
ts of those algebras A for which the Alder-Strassen Bound is sharp, i.e., R
(A) = 2 dim A - t, where t is the number of maximal twosided ideals in A. T
hese algebras are called algebras of minimal rank. We determine all semisim
ple algebras of minimal rank over arbitrary fields and all algebras of mini
mal rank over algebraically closed fields.