Microsoft have upgraded the amount of OneDrive storage space available to Office 365 subscribers from 1TB to an unlimited amount.
The upgrade applies to all Office 365 subscribers, but will not be implemented immediately – business users won’t see the upgrade take effect until 2015.
It’s nice to know that an unlimited amount of files can be stored by each user in their individual OneDrive account, but business customers should note that the unlimited storage only applies to the OneDrive storage available to each user, rather than to the shared storage that can be used to hold SharePoint online content.

You can read more about the announcement as reported by ARNnet here.

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