Coppersmith-Winograd algorithm

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I'm interested in algorithms to compute matrix multiplications. Is the Coppersmith-Winograd algorithm similar to the Strassen algorithm ?

I have two other questions:

1) Are the multiplications done at the end of the recursion, like the Strassen one ?

2) The $O(n^{2.38})$ refers to the number of multiplications or to any basic operations (additions...) ?

Thank you