Turn on the Saute button on the Instant Pot, and add oil and dd ground beef and cook until lightly brown.
Add garlic powder, onion powder, cumin, oregano, salt, black pepper, and chopped cilantro. Stir until mixed well.
Turn off Saute function. Add broth and salsa verde. Put lid on and close pressure value. Select the Manual high pressure / pressure cooking for 10 minutes. It takes about 12 minutes for the Instant Pot to come to pressure, so add that to your total time.
When Instant Pot beeps, turn the pressure value and let it depressurize for a Quick Release. Check the consistency of the meat. You might want to put the Instant Pot on Saute mode to cook the beef a bit longer to reduce the liquid.
Open the lid and stir well. Scoop out using a ladle into a bowl. Garnish with cilantro and serve up with your favorite toppings like shredded cheese, sour cream, and corn tortillas.
The actual cook time is 20 minutes in the Instant Pot but it takes about 12-15 minutes to come to pressure to start cooking.