Yes, and it's a short "i." (BI-be-re, as opposed to BEE-be-re).
Whenever the 2nd syllable from the end of the word is SHORT, the stress has to fall all the way "back" to the 3rd syllable from the end.
You can't tell without the long marks, but bibō, bibere is a 3rd conjugation verb (i.e., the -ere is a SHORT e(re); as opposed to videō, vidēre , which is 2nd conj. and has a LONG ē(re). One "proof" that it's a long e is the fact that you see an e in the 1st pers. sing. form (videō). One of the main reasons for wanting Duolingo to use macrons is so that people can pronounce and stress the words properly.