Fabric Notebook Session Is Not Getting Created And Throwing Error

I'm trying to run a notebook and the session creation runs for ~10 minutes and throw the error below. Usually the session creation happens in 1-2 minutes. This started happening from 16th July 2024 late night. Initially session creation was taking more than 8 minutes but was getting created. But on 17th morning, session itself was not getting created and below error is thrown.

Diagnostic ID: f77a4bac-f2c8-4281-a362-8188ec5b6956

Timestamp: 2024-07-17T16:03:39.031Z

Message: [object CloseEvent]

JSON
{
  "type": "close",
  "timeStamp": 1348391.6999999285,
  "code": 1000,
  "reason": "{\"reason\":\"Session error or stopped.\",\"state\":\"session-completed\"}",
  "wasClean": true,
  "target": {
    "url": "wss://pbipncus9-northcentralus.pbidedicated.windows.net/webapi/capacities/20DD646D-A383-4B9E-B47D-0ECED03F22EC/workloads/Notebook/Data/Direct/api/workspaces/c42ffb31-aa7b-449b-97b7-3eccc24ee147/artifacts/7f65c0bc-d4da-4186-a38d-005102909aae/jupyterApi/versions/1/api/kernels/d2016158-a4ca-4535-b09f-50e7e51533ae/channels?token=dummy_token&session_id=d12d4193-5dfa-4bd4-8ed5-ad0baba47ced",
    "readyState": 3,
    "protocolsProfile": [
      7,
      4259
    ]
  },
  "currentTarget": {
    "url": "wss://pbipncus9-northcentralus.pbidedicated.windows.net/webapi/capacities/20DD646D-A383-4B9E-B47D-0ECED03F22EC/workloads/Notebook/Data/Direct/api/workspaces/c42ffb31-aa7b-449b-97b7-3eccc24ee147/artifacts/7f65c0bc-d4da-4186-a38d-005102909aae/jupyterApi/versions/1/api/kernels/d2016158-a4ca-4535-b09f-50e7e51533ae/channels?token=dummy_token&session_id=d12d4193-5dfa-4bd4-8ed5-ad0baba47ced",
    "readyState": 3,
    "protocolsProfile": [
      7,
      4259
    ]
  },
  "isTrusted": true
}

Additional info: InstanceId: a1e2d72d-825c-460b-8c08-50abe96dfbd6