A Microsoft file hosting and synchronization service.
Try not to wait for the update to finish, as the missing SPO file error is usually caused by a corrupted OneDrive cache or a broken sync connection.
First, reset OneDrive:
Press Win + R, enter:
%localappdata%\Microsoft\OneDrive\OneDrive.exe /reset
Wait a few minutes, then open OneDrive again.
If the cloud icon still has a line through it, go to OneDrive Settings > Account > Unlink this PC, then sign in again.
Official steps:https://support.microsoft.com/en-us/onedrive/reset-onedrive?
If the issue remains, reinstall the latest OneDrive version: https://www.microsoft.com/microsoft-365/onedrive/download
After reinstalling, sign in and allow some time for the files to sync completely.