Inadequate highlighting in code's output cells in an IPython notebook in VSCode

Question

I am using VSCode to edit and run my IPython notebooks.

Upon using them, I wanted to preserve the coloring of some magic commands like !grep when I used them. Thanks to this question here on SE, I have found out that I could simply put !grep --color=always [PATTERN] [FILE] in a code cell, so that the output preserves highlighting that grep produces when used in the terminal. However, when I tried to use it like this in VSCode, appropriate highlighting seems to have went off for some reason: [Click here to see the VSCode's highlighting]

However, when I open the very same file in a Jupyter environment, highlighting seems to be just fine: [Click here to see the Jupyter's highlighting]

What could be the reason for VSCode's highlighting to turn inadequate and is there any way to fix it?

I am using VSCode 1.94.2, IPython 8.20.0, and WSL on Ubuntu 22.04 lts.

Thanks in advance for your help!