Integrated circuit designs are verified through the use of circuit simulators before being reproduced in real silicon. In order for any circuit simulation tool to accurately predict the performance of a CMOS design, it should generate models to predict the transistor’s electrical characteristics. The circuit simulation tools have access to massive amounts of data that are not only dynamic but generated at high speed in real time, hence making fast simulation a bottleneck in integrated circuit design. Using all the available data is prohibitive due to memory and time constraints. Accurate and fast sampling has been shown to enhance processing of large datasets without knowing all of the data. However, it is difficult to know in advance what size of the sample to choose in order to guarantee good performance. Thus, determining the smallest sufficient dataset size that obtains the same accurate model as the entire available dataset remains an important research question. This paper focuses on adaptively determining how many instances to present to the simulation tool for creating accurate models. We use Support Vector Machines (SVMs) with Chernoff inequality to come up with an efficient adaptive sampling technique, for scaling down the data. We then empirically show that the adaptive approach is faster and produces accurate models for circuit simulators as compared to other techniques such as progressive sampling and Artificial Neural Networks.