Axiom of Choice and Cauchy completeness

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Theorem: Let $M$ be a Cauchy complete metric space. Suppose we have a sequence of non-empty closed sets $A_1 \supseteq A_2 \supseteq \cdots$ such that $\text{diam}(A_n) \rightarrow 0$. Then $\cap_n A_n$ is a singleton.

The proof is a straightforward application of the Axiom of Countable Choice. I'm interested in tracking how this invocation of Choice affects the rest of analysis. I have done some research of my own, but haven't been able to find much.

  1. What results in analysis are proven using this theorem?

  2. Can this theorem be proven using a weaker form of Choice? Or, if possible (but I highly doubt it), no Choice at all?