Guild Wars 2

“When I was a babe….”

Babe is a loved one.

Baby is a young child.

This typo has been in the game for 5 years now.

babe also means a young child. it is not a typo.

see:
A dictionary
http://dictionary.cambridge.org/dictionary/english/babe

bonus reference:
Labyrinth
“you remind me of the babe”
(speaking of a small child)

edit: btw ‘baby’ can also be used for a loved one/partner.