Pot Roast:
Turn Instant Pot to sauté. Coat insert with evoo and brown meat in 2 batches, until caramelized on all sides.
Add meat back to insert and add onion, carrots, red peppers, garlic, tomato paste, paprika, red pepper, thyme, rosemary, red wine, and chicken broth.
Cover and seal. Manually set machine for 70 minutes.
When machine signals cook session is completed, release pressure and remove meat. Strain braising liquid and skim fat off the surface.
Reduce braising liquid by half or until liquid lightly coats the back of a spoon.
Shred meat with 2 forks or cut into chunks and serve with reduced sauce.
Add Fried Garlicky Olives as garnish, if desired.
Fried Garlicky Olives (optional):
Heat a small sauté pan, lightly coated with evoo, over medium heat. Sauté red pepper, olives, garlic, and red pepper until olives are a bit crispy on edges, about 8 minutes.
Spoon fried olives over meat as garnish.