Select the sauté function on your instant pot and let it heat up for a minute or two. Add olive oil to coat the pot.
Add onion, garlic, and poblano and jalepeño peppers. Stir and sauté for 3 minutes, or until veggies are softened.
Toss in all of the spices - chili powder, cumin, paprika, salt, and cayenne pepper, and mix well to coat the veggies. Sauté for another minute.
Add all of the beans, tomatoes with juice, sweet potatoes, beer (or water), broth, and corn. Secure the lid.
Select manual and cook on high pressure for 8 minutes.
Once cooking is complete, quick release the pressure. Remove the lid and stir.
For thicker chili, sauté on high for an additional 3-5 minutes.
Adjust the seasonings including chili powder and salt if needed and serve immediately with your favorite toppings - cilantro, avocado, diced onion, shredded cheddar, etc.