What is the equivalent of Google Cloud Datalab(jupyter notebook service) managed service provided in Amazon Cloud, for usage by Data Analysts/Data Scientists? Is the only option is to build Databricks/Jupyter notebook separately on EC2 cluster in AWS, is there not a managed service in AWS available for this?
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Checkout Amazon SageMaker, a fully-managed service that enables data scientists and developers to build, train and deploy machine learning models.
As part of SageMaker documentation, there is a section on running Jupyter notebook apps with SageMaker notebook instance. You may also want to read How it works and Get Started sections to understand the complete workflow.