The document discusses Strassen's algorithm for matrix multiplication. It begins by explaining traditional matrix multiplication that has a time complexity of O(n3). It then explains how the divide and conquer strategy can be applied by dividing the matrices into smaller square sub-matrices. Strassen improved upon this by reducing the number of multiplications from 8 to 7 terms, obtaining a time complexity of O(n2.81). His key insight was applying different equations on the sub-matrix multiplication formulas to minimize operations.