I'll add a "me too". Identical problem... screen goes black for a second or two then returns to normal. It's sporadic but happens every time I use it. Occurs most often when using Safari, but also at other times. Cannot find a correlation with any other activity. Running a dual monitor setup and it only happens to the "main"/#1 monitor.
M4 Mac Mini, 500GB SSD running Sequoia v15.5 (although the issue appeared as soon as I bought it running an earlier version) connected to two LG 27UN850 27" 4K UHD monitors, one by Thunderbolt, one by HDMI.
I've switched out the monitor positions, switched out which monitor is using which cable, replaced both cables, hard reboot, etc. No improvement. Issue continues. So it's not the monitors, not the cables.
Upgraded from an M1 Mac Mini - same dual monitor setup - never experienced this issue.
Apparently it's down to the M4 Mac Mini. Annoying but not the end of the world. Hopefully Apple will address this at some point.